15.06.2009 - UAE plans first sovereign bond issue
From Thenational.ae: The UAE 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 said.........Full Article: Source