15.06.2009 - UAE plans first sovereign bond issue
From Tradearabia.com: The United Arab Emirates plans to issue its first sovereign bond to fund infrastructure and other spending, following issues by Abu Dhabi and Dubai, a senior finance ministry official said on Sunday. "A law will come out soon and it will specify where the debt must be spent. One (area)... is infrastructure," Younis Al-Khoori, director general at the ministry of finance told Reuters.........Full Article: Source