Dubai Pitches Its Debt to Wary Investors

This heavily indebted sheikhdom is dipping its toe again into international debt markets, a sign of new confidence among officials here in the Gulf region's economic recovery.

Officials from Dubai's department of finance told investors in Hong Kong on Thursday that they would decide in coming weeks whether to launch a global bond sale, according to two people at the meeting.

The officials have embarked on a roadshow in Europe and Asia, meeting with current and potential investors, which could help them gauge the interest in such a sale.