Roads were shut and stern warnings were issued as the country experienced extreme weather conditions
The plan follows a similar programme for European investors in June, as part of the government’s strategy for “providing regular updates to both existing and prospective fixed income investors around the world.”
The roadshow was a non-deal one, indicating no immediate bond issue.
The meetings, organised by HSBC and Mitsubishi UFJ Financial Group, which are scheduled to take place on August 26 in Hong Kong and August 27 in Singapore, the statement said.
Dubai launched a $6.5 billion bond programme last October, made up of $4 billion euro medium term notes and a $2.5 billion Islamic loan. It placed almost $2 billion in five-year Islamic bonds in late October. In April, Dubai utility Dewa raised $1 billion in an issue that offered a coupon of 8.5 per cent.
The Dubai finance ministry’s 2014 Islamic bond was off 0.35 points to a mid-point of 94.6, with a yield of 7.86 per cent.
Roads were shut and stern warnings were issued as the country experienced extreme weather conditions
The game’s rising stars and DP World Tour winners will be in action over the next four days at the Al Ain Equestrian, Shooting & Golf Club
In the video, the man can be seen scaling the roof of an SUV and smashing its glass roof
This directive has been issued after taking the current country-wide circumstances into account
USA Basketball confirmed a formidable 12-man roster bristling with NBA talent
Many walked for hours on end to get to safety, however, some were not able to return home until the next day