| 26.02.2009 - Dubai to use bond to help firms |
| From Tradearabia.com: Dubai's government said on Wednesday $10 billion in bond proceeds from the UAE central bank would be enough for now to help the emirate's companies pay off debts and restructure to deal with a real estate slump. The Gulf trade and tourism hub is ready to issue a second $10 billion tranche when needed, and was considering launching a stimulus package for small and medium enterprises, the director-general of Dubai's Department of Finance said..... Full Article: Source |