Article: Dubai issues $2 billion worth of Islamic bonds to boost confidence in the debt-laden emirate.

Byline: Daily Star Staff

Summary: Dubai's government placed almost $2 billion in new five-year Islamic bond issues Wednesday, and bankers said the successful subscription would boost investors' confidence in the debt-laden Gulf Arab emirate.AaThe global financial crisis hurt Dubai, a United Arab Emirate (UAE) member and the Gulf financial hub, leaving the markets guessing whether it would be able.

John Irish andAaMartin DokoupilAa

Reuters Aa

Aa

DUBAI: Dubai's government placed almost $2 billion in new five-year Islamic bond issues Wednesday, and bankers said the successful subscription would boost investors' confidence in the ...

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