 |
Dubai gives Nakheel funds to repay $980m bondDubai has given developer Nakheel, part of a $24.8 billion debt restructuring at its parent Dubai World, enough funds to repay a $980 million Islamic bond due on May 13, Nakheel said in a statement on Tuesday. Nakheel, the builder of man-m More… |
 |
$10bn aid funds to target Dubai SWF firmsFunds from an emergency $10 billion rescue plan will target Dubai World, Dubai Holding and domestic firms in the emirate's sovereign wealth fund's portfolio, Dubai's finance department head said on Tuesday. A five-man fiscal committee, hea More… |
