Tuesday 5 November 2024
 
»
Tag
 
»
DFSF

Dubai support fund may need up to $2.4bn

A government fund set up to help debt-ridden state-linked firms will need to be "topped-up" by as much as $2.4 billion over the next two years, JP Morgan said in a note, with several looming repayment deadlines at Dubai Inc. The US investm

More…

Dubai vows to repay creditors in full

Dubai will recapitalise its Dubai World conglomerate and repay property unit Nakheel's bonds in full, with $9.5 billion of aid for a debt deal promising creditors all their money back in up to eight years. The price of bonds issued by Nakh

More…

Dubai to inject $9.5bn into firms in debt deal

The Dubai government unveiled plans to recapitalise its indebted Dubai World flagship and repay Nakheel bonds in full, injecting what it said was $9.5 billion in new funding, but without new aid from Abu Dhabi. In a statement, the governme

More…

Dubai World 'working on debt deal with creditors'

Dubai World will continue to work with financial creditors to negotiate a standstill in an orderly way for receiving financial aid from Dubai Government to cover working capital and interest expenses, the crisis-hit state holding company said

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads