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FINANCIAL NEWS
Dubai aims to cut debt
06 Jul 2013
(MENAFN) Dubai, facing debt repayments of about $50bn over the next three years, is finally getting serious about selling off assets to raise money – a key component of its repayment strategy.
Most investors are now confident that the freewheeling emirate will recover from its 2009-2010 crisis, when a property crash nearly forced state-linked companies to default on billions of dollars of debt.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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