Investors Flock to Dubai's Sukuk Sale
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Emirates Investment Bank CEO Kumar speaks during the Reuters Middle ...Source: Reuters
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Maybe Sheikh Mohammed Oughta Resign
By: swinginjazzz
Call me crazy... but I think that it might just be time for Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, to step down. He has proved himself to be utterly incompetent. He has been a failure. And he has made an absolute mess of things in Dubai. Dubai is in so much debt. So... much... debt!!! The Dubai government has asked its ...
2 days ago
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AN ALARM: Great collapse in many stock markets
By: ASMASH
Stocks tumbled for second day on Friday due to Dubai’s debt issue. Dubai’s shock demand to suspend the debt of a key state company. The Dow Jones industrial average fell 193 points, after closing Wednesday at a 13-month high. The S&P 500 lost 24 points after closing Wednesday at a 13-month ...
2 days ago
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Dubai recovery hopes hit by debt 'standstill' call
By: intellectual
Dubai, the credit-crunched Gulf playground, has shattered hopes of imminent financial recovery by asking for a six-month "standstill" on major parts of its debt Dubai World, one of the emirate's main state holding companies, said it was asking for a delay on maturities until at least May 30. It has $60bn (£35.9bn) in declared ...
3 days ago
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Dubai Challenges God, Gets Struck Down.
By: dirtbagchronicle
Muslims (...or Islams? I never get it right, what am I a Rhodes scholar now?) probably don't have the Tower of Babel story in their Koran. Which means they have to learn that lesson the hard way. Don't play God. The all knowing, all seeing Mohammed has struck a double blow with his peaceful sword by punishing ...
2 days ago
- News Source: Khaleej Times | about 1 month agoDubai on Wednesday successfully placed nearly $2 billion in new five-year Islamic bonds, the biggest sukuk sale from the Gulf region this year, which received a hearty response reflecting renewed investor confidence in the emirate and lifting doubts...
- News Source: The Daily Star | about 1 month agoDubai’s government placed almost $2 billion in new five-year Islamic bond issues Wednesday, and bankers said the successful subscription would boost investors’ confidence in the debt-laden Gulf Arab emirate. The global financial crisis hurt...
- Blog Source: www.opalesque.com... Dubai on Wednesday successfully placed nearly $2 billion in new five-year Islamic bonds, the biggest sukuk sale from the Gulf region this year, which received a hearty response reflecting renewed investor confidence in the emirate ...
- Blog Source: dubaibizz.netOct. 28 (Bloomberg) -- Dubai raised $1.93 billion in its first Islamic bond sale, the biggest from the Gulf region this year, as the emirate benefits from ...
- Blog Source: www.kippreport.comThe Dubai Government will issue a $1.93 billion Islamic bond, or sukuk, almost $600 million less…
- Blog Source: www.opalesque.comDubai raises $1.93 bln in Gulf's biggest Sukuk this year. Posted on 29 October 2009. From Bloomberg: Dubai raised $1.93 billion in its first Islamic bond sale, the biggest from the Gulf region this year, as the emirate benefits from ...
- Blog Source: www.opalesque.comFrom 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. ...
- Blog Source: dubaibizz.netOct. 28 (Bloomberg) -- Dubai will raise about $1.93 billion through the biggest Islamic bond sale from the Gulf region this year as the emirate benefits fr...
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