Rumors in market that an announcement will be made before the stock markets open in the UAE today.
Just a few hours from now.
Nothing on WAM so far.
Could last Thursday's announcement been a shrewd move by Dubai in the face of Abu Dhabi reluctance to step up for US$10 billion for the second tranche of the bond issue?
UPDATE: No guarantee from the CB UAE or for that matter from the Emirate of Dubai.
UPDATE: No guarantee from the CB UAE or for that matter from the Emirate of Dubai.
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