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Islamic Finance Briefing - Categorized | Funds, New Launches more

Dubai to raise new funds in world markets

Posted on 20 October 2009

From Thenational.ae: Dubai and its government-owned companies are paying off loans and seeking to tap international investors for fresh funds as the emirate takes advantage of improved economic conditions to tackle its US$85 billion (Dh312.16bn) debt burden.

The Government of Dubai has invited investors to attend a round of fund-raising presentations starting on Thursday in Europe, Asia and the UAE. The last time Dubai raised funds from international investors was in April last year……………………Full Article: Source

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