In a private address, the Republican presidential candidate attacks prosecutors involved in his criminal indictments
americas3 hours ago
“Nakheel confirms that it will honor all obligations related to the 2009 Nakheel Development Limited Sukuk, using funds that will be provided by the Dubai Financial Support Fund. In accordance with the terms of the Sukuk, the repayment will occur within the next 14 days,” Nakheel said in a statement posted at the Nasdaq Dubai.
In a separate statement, Dubai World said the funding from Abu Dhabi, provided the company with “a stable basis for the restructuring process.”
“Dubai World will continue to work with financial creditors to negotiate a standstill in an orderly way. As long as a standstill is successfully negotiated, Dubai World has assurances that the government of Dubai, will provide financial support to cover working capital and interest expenses to ensure the continuity of key projects.”
Meanwhile, Standard & Poor’s said the Abu Dhabi bailout is a step towards rebuilding confidence, but uncertainty remains as to the Dubai government’s general ability and willingness to provide “timely extraordinary support to its government-related entities.”
In a private address, the Republican presidential candidate attacks prosecutors involved in his criminal indictments
americas3 hours ago
Stronger-than-expected earnings in coming weeks could help allay investor concerns
markets4 hours ago
Fed decision brings bulls back to the market
markets4 hours ago
The Dubai South region is still untouched and offers attractive investment opportunities
business4 hours ago
Deshpande claimed two wickets and gave away 35 runs in his four-over spell as Chennai, who made 167 for nine, restricted Punjab to 139 for nine
cricket4 hours ago
Hill rose to prominence with his portrayal of Yosser Hughes in the acclaimed BBC TV drama 'Boys from the Blackstuff'
entertainment4 hours ago
The rains have also triggered landslides and the partial collapse of a dam
world4 hours ago
Oil revenues reached 181.922 billion riyals
business4 hours ago