UAE | Government
UAE plans bond sale
The UAE government is looking at selling its first government bonds, the Ministry of Finance's undersecretary said on Wednesday.
- Staff Report
- Published: 14:53 October 22, 2008
- Shaikh Mohammad urged all ministers to strive to improve the performance of their respective ministries to meet the challenges of modern times and enable the UAE to maintain its status as a nation of institutions, supremacy of law and excellence.
- Image Credit: WAM
The UAE government is looking at selling its first government bonds, the Ministry of Finance's undersecretary said on Wednesday.
"We have been given a mandate by the Prime Minister's office to study the issuance of government bonds," Younus Al Khouri said on the sidelines of a news conference in the UAE capital, Abu Dhabi.
The ministry had hired the World Bank to conduct a study on the bond sale, which is not likely to happen before 2010, Al Khouri said, without giving details on the size of the potential bond sale.
Share this article
More from UAE Government
More from UAE
Popular in UAE
-
Have your say
Living in untidy homes
Do you think that people who live in untidy homes have bad character?
Latest news
- Khalifa congratulates Karzai on re-election
- Khalifa receives congratulatory call from Talabani
- Complaints against cab drivers decline
- Camel in RAK gives birth to twins
- No hike in water, electricity rates
- Thalassaemia website 'will help educate youth'
- Saif is appointed Emiratisation chief
- Experts call for reviewing green cost of desalination
- Readers: Less water usage means less desalination
- Dubai Police open centre to combat marine pollution
- Pavement parking irks pedestrians
- Man jailed 3 years in fatal assault of colleague
- Murder: Mother gets stiffer sentence
- Traffic Prosecution adopts humanitarian step
- 'All-green' project to ease traffic flow
Community Reports
-
Pavement parking irks pedestrians
Gulf News reader calls on authorities to step in and stop car owners from invading pathways meant for safe walking
-
Faded parking lines pose a problem
Motorists could be fined for parking incorrectly even though they can hardly see the boundaries in the designated areas
-
School buses block residential parking
Commercial vehicles taking up free parking facilities in Al Wuheida, inconveniencing residents in surrounding villas
-
Community report: Doing their bit for poor children
A group of students takes concrete action to raise funds for Dubai Cares
