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Dubai’s Problems Persist After Latest Abu Dhabi Lifeline
...ar and in 2011. ADIA was one of a number of SWFs that supported Citi when it faced huge losses resulting from the financial crisis. Fitch Puts Five Dubai-Based Banks On Negative Watch, Moody’s Conducts Review Fitch Ratings said on 16 December it had kept the individual ratings of five Dubai-ba...
Volume: 52Issue: 51/52Published at Mon, 28 Dec 2009 -
Gulf Project Finance Activity Gathering Momentum
...velopment Fund (SIDF). Launching a bond remains a possibility, MEES understands, although this would break new ground for a Saudi refinery project. The massive Ras Tanura project sponsored by Saudi Aramco and US firm Dow Chemical is not expected to seek funding until 2011, although this petrochemical ci...
Volume: 52Issue: 51/52Published at Mon, 28 Dec 2009