We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

OK for some, for now

23 February 2009 By Edward Hadas

The UAE is to lend the troubled emirate $10bn at a bargain 4% rate. That leaves $5bn of refinancing this year, plus lots of bad property developments to work through. The quid pro quo for UAE? It keeps its own reputation intact and gains political leverage over Dubai.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)