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Email this article: Dubai sukuk to fund airport expansion, says Sheikh Ahmed
Posted: Tue May 1, 2012 10:48 pm
UAE. Dubai will employ US$1.25 billion raised through an Islamic bond last week to fund the expansion of its airport and sees no risk to repaying creditors at its flagship conglomerate Dubai World on time.
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UAE. "When the system collapses, it is not the end of the world. It simply means that the major trading and financial powers in the world come together in a conference to write new rules of the game." ICA Conference in Dubai to address lessons from global economic crisis.
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