U.A.E. Will Support Banks in Dubai Credit Crisis

” The United Arab Emirates central bank on Sunday said that it stood behind domestic and foreign banks operating in Dubai after last week’s announcement that Dubai World needed more time to pay back some of its $60 billion in debt.”
Go to Source

Related posts:

  1. Dubai gets $10 billion from Abu Dhabi to pay Nakheel bond
  2. Dubai Company Bonds Dive as Swaps Show Default Risk
  3. Alwaleed Says ‘Mature’ Banks Made Wrong Assumptions on Dubai
  4. Dubai Shows What A Property Plunge Really Looks Like
  5. RBS Led Dubai World Lenders, HSBC May Have Most at Stake in UAE

Leave a Reply

Special Offers