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Dubai government may sell bonds next year: Al Saleh

Posted on 15 December 2010

From Emirates247.com: Dubai government’s debt repayments for next year are not “significant,” said Abdulrahman Al Saleh, Director General of the Department of Finance. The government’s debt repayments due next year are not “significant” and paid back Dh800 million installment on a Dh2.3-billion Islamic ijara loan in October due next year, he told Bloomberg in an interview.
Dubai’s government debt is $30 billion, Mohammed Ibrahim Al Shaibani, Director General of the Ruler’s Court, said recently……………………………………….Full Article: Source

 
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