Alabbar Sees `Reasonably Good' Interest in Dubai Bonds: Video
Bloomberg
Nov. 23, 2009. 12:10 PM EST
Nov. 23 (Bloomberg) -- Mohammed Alabbar, chairman of Emaar Properties PJSC, talks with Bloomberg'... More »
Nov. 23 (Bloomberg) -- Mohammed Alabbar, chairman of Emaar Properties PJSC, talks with Bloomberg's Margarate Brennan about the outlook for investor interest in the issuance of a second $10 billion government bond issue. Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum last week fired one senior aide and removed three others, including Alabbar, from the board of Dubai’s main holding company as the debt-laden emirate tries to secure a second infusion of funds. Alabbar also discusses the outlook for recovery in the global real estate market. They speak at the World Economic Forum in Dubai. (Source: Bloomberg) « Less
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