Dubai will fund airport expansion through an Islamic bond scheme
- May 01, 2012 5:14 am
Skift Take
Dubai’s Sheikh Ahmed bin Saeed al Maktoum — a post-2009 financial hero — is leading the latest push for expansion of the emirate’s tourism infrastructure.
— Skift
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Dubai will employ $1.25 billion raised through an Islamic bond last week to fund the expansion of its airport and sees no risk to repaying creditors at its flagship conglomerate Dubai World on …
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