| 29.10.2009 - Interest in Dubai sukuk shows confidence rising |
| From Gulf-times.com: Dubai’s government placed almost $2bn in new five-year Islamic bond issues yesterday, and bankers said the successful subscription would boost investors’ confidence in the debt-laden emirate. The global financial crisis hurt Dubai, a UAE member and the Gulf financial hub, leaving the markets guessing whether it would be able to restructure its debt pile, stemming from past years’ real-estate fuelled boom...........................Full Article: Source |