Sun, May 19, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Market Moves more

Dubai Holding given $2bln boost from Government

Posted on 18 November 2010

From Thenational.ae: The Dubai Government has injected US$2 billion (Dh7.34bn) into the indebted property and financial conglomerate Dubai Holding. Mohammed al Shaibani, the deputy chairman of the emirate’s Supreme Fiscal Committee, said the sum had already been put into Dubai Holding, which is in the process of renegotiating about $12bn of debts.
“I don’t want to put any more in as the Government but I will do it as and when it’s required,” Mr al Shaibani said……………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031