08.05.2013 - Dubai says looking at alternate plan for debt repayment |
Dubai may issue another sovereign bond this year and is looking at alternate means to repay its debt if asset sales don't materialise, a top official said on Tuesday. "The market is right, the price is right, then why not?" Sheikh Ahmed bin Saeed al-Maktoum, a close advisor and uncle to Dubai's ruler, said when asked whether the emirate might make a second sovereign debt issue this year...............................................Full Article: Source |