No guaranties for Dubai World debt

30.11.2009 | Engleza Email | Print The Dubai government has said in a statement that it will not guarantee the debt of Dubai World. The information came after stock markets in Dubai and Abu Dhabi saw sharp falls. "[Creditors] think Dubai World is part of the government, which is not correct," said finance minister Abdulrahman al-Saleh. Abu Dhabi`s main stock market lost a record 8.3%, while Dubai dropped 7.3% - the most in a year. "Creditors need to take part of the responsibility for their decision to lend to the companies," Mr al-Saleh told Dubai Television. The central bank of the United Arab Emirates (UAE) set up facilities to provide banks with extra liquidity, as it seeks to battle perceptions that Dubai cannot support its own companies.   Etichete: Dubai, dept, Dubai World

Newsletter-ul theNews.md Zilnic, in contul tau de mail, cele mai importante articole. Stiri relevante: - No guaranties for Dubai World debt Engleza: - Monthly consumption expenditures exceed population`s income - McDonald`s reports $1.22 billion profit in fourth-quarter - Actor Charlie Sheen accused of threatening his wife - James Blunt`s album was named the biggest selling album of decade

Buletin electronic | Despre Financiarul | Servicii | Oportunitati de colaborare | Publicitate | Contacte | RSS
FSNews | NeoBusiness | Politica | Auto | Tehnologii | The Performers | Republic Moldova
TheNews.md © 2009 Toate drepturile rezervate