MIDEAST DEBT-Arcapita Chapter 11 exception, not rule for Gulf - The Gu
 

21-03-12 02:01 PM

In 2009, Abu Dhabi lent Dubai $10 billion partly to help avoid a bond default at state developer Nakheel. Unlike Abu Dhabi, Bahrain doesn't have massive financial resources to implement large-scale rescue plans, especially for its offshore banking sector ...

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