1. 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: 52
    Issue: 51/52
    Published at Mon, 28 Dec 2009
  2. 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: 52
    Issue: 51/52
    Published at Mon, 28 Dec 2009