From Maktoob.com: Debt-laden Dubai said on Wednesday it had secured $5 billion through a bond and sukuk fully subscribed by two banks linked to the government of Abu Dhabi, as the once booming emirate digs it way out of an $80-billion debt pile.

The $5 billion is part of a $20 billion sovereign bond programme Dubai launched in February to help struggling state-related entities………………………….Full Article: Source