Dubai sovereign bond likely in 2014, no deal on bourse merger | GulfNews.com:
"Shaikh Ahmad bin Saeed Al Maktoum, head of Dubai’s Supreme Fiscal Committee, has hinted that the Dubai government could issue a sovereign bond this year.
He was speaking to the media on the sidelines of the Global Aerospace Summit in Abu Dhabi on Monday. He was not speaking at the event.
“I always say when the market is good, in any business... not only related to government, we should go to the market,” said Shaikh Ahmad, who is also the Chairman and chief executive of Emirates Airline & Group, Chairman of Dubai Civil Aviation Department and Chairman of Dubai World.
Asked how he sees the market, Shaikh Ahmad said: “It seems good. There is a lot of liquidity in the market in the UAE and internationally,” hinting at a possible sovereign bond issuing."
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