Fri, Sep 4, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Dubai faces first big test with Borse funding

Posted on 19 February 2009

From Reuters: Dubai faces its first critical test of the economic crisis as one of its most high profile companies, Borse Dubai, struggles to secure enough market funding to avoid defaulting on about $3.4 billion in debt.

Experts say the exercise will clarify whether Dubai, the financial and tourism center for the Gulf, can muscle its way out of the crisis alone, or whether the federal government dominated by Dubai’s wealthy neighbor Abu Dhabi will provide a safety net….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 17016 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930