Thu, Aug 28, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance more

Abu Dhabi gives Dubai $10 bln bailout

Posted on 15 December 2009

From Reuters: Abu Dhabi has bailed out neighbouring Dubai with $10 billion in surprise aid for debt-laden Dubai World, which said it would use $4.1 billion of it to repay its Nakheel unit’s Islamic bond maturing on Monday.

Dubai’s government held a conference call on Monday to discuss the deal with a government source taking questions……………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031