Updated Tuesday, October 20, 2009 10:47 am TWN, AP

Indebted Dubai plans to meet potential investors

DUBAI, United Arab Emirates -- The Dubai government is planning to meet with potential investors in Europe, Asia and the Middle East this week as it tries to dig itself out from under at least US$80 billion in state-linked debt. Mitsubishi UFJ Securities International said in a statement Monday that Dubai's Department of Finance will meet with fixed income and Islamic investors starting Thursday.

Mitsubishi, Dubai Islamic Bank, Standard Chartered and UBS Investment Bank are arranging the meetings on Dubai's behalf.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email

Middle East Breaking News

Updated Tuesday, November 17, 2009 11:26 am TWN
▪	Boeing, Airbus orders possible: Emirates chief
▪	Arms race dominates Dubai air show; U.S. to showcase F-22 Raptor plane
▪	Iraq touts attractions for tourists at travel fair for 1st time in decade
▪	Dubai says it has repaid US$1 bil. aviation bond
▪	British-Chinese consortium signs Iraq oil agreement

Most Read

▪	ROAD PROJECT BEGINS
▪	TES embraces renewable energy
▪	Strong Asia presence at Saint Laurent auction
▪	China says 42 dead, 66 trapped in mine explosion
▪	17 arrests in soccer match-fixing probe: police

Sponsors
▪	Get Car Hire Asia, Thailand, Middle East, Cyprus, Dubai, USA
▪	Business Directory