Dubai won’t need new debt bailout: official

DUBAI — A senior Dubai fiscal planner says he doesn’t foresee the need for another debt bailout.

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Published: Sun 28 Nov 2010, 4:00 PM

Last updated: Mon 6 Apr 2015, 2:06 AM

The Dubai International Financial Centre Governor Ahmed Humaid Al Tayer suggested on Sunday that Dubai has made strides to restructure its companies and no longer will need outside help to meet debt payments.

Al Tayer, joined other Dubai officials to review finances a year after the global economic crisis put the brakes on growth.

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