استفهام
10-11-2009, Tue 12:17 AM
طالب الشيخ محمد بن راشد منتقدية أن يخرسو( ينثبرون :eek:) في رده على منتقدي سياسة إمارته ومن ينق بين أبوظبي ودبي.
أكد على عمق العلاقة بين الأمارتين والثقة بوضع أمارته وأقتصادها وأستعداد أصحاب رؤوس الأموال الأستثمار في أمارته.
أضاف بأن الجزء الثاني من السندات ( 20 بليون دولار ) التي ستطرح ستلقى قبولاً عند المستثمرين.
* لولا الله ثم حكومة أبو ظبي لكان وضع دبي صعب جداً جداً ولو كثرت الخطابات.
Dubai’s Next Bond Will Be ‘Well Received,’ Ruler Says (Update3)
By Arif Sharif and Maher Chmaytelli
Nov. 9 (Bloomberg) -- Dubai’s second half of a $20 billion bond program will be “well received,” and those who doubt the unity of Dubai and Abu Dhabi should “shut up,” the emirate’s ruler Sheikh Mohammed Bin Rashid Al-Maktoum said.
“The second tranche of the bond program will be well received, it will be widely subscribed and will be used directly to meet Dubai’s obligations in the next few years,” Sheikh Mohammed told an investors conference organized by Bank of America Merrill Lynch in Dubai today.
Dubai, the second-biggest of seven states that make up the United Arab Emirates, raised $1.93 billion last month from the biggest sale of Islamic bonds in the Gulf Arab region this year. The $1.25 billion dollar-denominated portion of the bond traded at a yield of 6.42 percent today, compared with a 3.85 percent yield investors are seeking for a five-year Abu Dhabi bond.
The sheikhdom set up the $20 billion support fund after the global credit crunch hurt its property, finance and tourism industries, leaving companies unable to raise debt as credit markets froze. The first $10 billion was raised by selling five- year bonds to the U.A.E. central bank in February, and some of the money went to property developers like Nakheel PJSC, which is building palm tree-shaped islands off Dubai’s coast.
Dubai, Abu Dhabi
The second half of Dubai’s bond program would attract “majority government and minority private sector in my opinion,” said Mohammed Alabbar (http://search.bloomberg.com/search?q=Mohammed+Alabbar&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1), chairman of Emaar Properties PJSC, and a member of the Dubai Executive Council in an interview with CNN on Oct. 9. The bond may be issued in November, he said. Central Bank Governor Sultan bin Nasser al-Suwaidi (http://search.bloomberg.com/search?q=Sultan+bin+Nasser+al-Suwaidi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1) said on July 15 that the U.A.E. may buy part of Dubai’s second bond offering.
“Meaningful participation by the private sector would be a strong signal for Dubai that investor sentiment has improved,” said Tristan Cooper (http://search.bloomberg.com/search?q=Tristan+Cooper&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1), a Dubai-based Middle East sovereign analyst at Moody’s Investors Service. “This provides a motivation for the Dubai government to get private investors involved even if it costs more than selling it all to the federal government.”
Dubai allowed foreigners to buy property in some parts of the emirate in 2002, sparking a five-year building frenzy. The boom ended after the credit crisis crimped mortgage lending, forcing the emirate to look to Abu Dhabi, the U.A.E.’s capital and holder of 8 percent of global oil reserves, for support.
“I assure you that we will be there for each other when we need it,” Sheikh Mohammed said, referring to the relationship between Dubai and Abu Dhabi. “I want to tell these people who nag about Dubai and Abu Dhabi to shut up.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZXxvcs2TEZY&pos=6
أكد على عمق العلاقة بين الأمارتين والثقة بوضع أمارته وأقتصادها وأستعداد أصحاب رؤوس الأموال الأستثمار في أمارته.
أضاف بأن الجزء الثاني من السندات ( 20 بليون دولار ) التي ستطرح ستلقى قبولاً عند المستثمرين.
* لولا الله ثم حكومة أبو ظبي لكان وضع دبي صعب جداً جداً ولو كثرت الخطابات.
Dubai’s Next Bond Will Be ‘Well Received,’ Ruler Says (Update3)
By Arif Sharif and Maher Chmaytelli
Nov. 9 (Bloomberg) -- Dubai’s second half of a $20 billion bond program will be “well received,” and those who doubt the unity of Dubai and Abu Dhabi should “shut up,” the emirate’s ruler Sheikh Mohammed Bin Rashid Al-Maktoum said.
“The second tranche of the bond program will be well received, it will be widely subscribed and will be used directly to meet Dubai’s obligations in the next few years,” Sheikh Mohammed told an investors conference organized by Bank of America Merrill Lynch in Dubai today.
Dubai, the second-biggest of seven states that make up the United Arab Emirates, raised $1.93 billion last month from the biggest sale of Islamic bonds in the Gulf Arab region this year. The $1.25 billion dollar-denominated portion of the bond traded at a yield of 6.42 percent today, compared with a 3.85 percent yield investors are seeking for a five-year Abu Dhabi bond.
The sheikhdom set up the $20 billion support fund after the global credit crunch hurt its property, finance and tourism industries, leaving companies unable to raise debt as credit markets froze. The first $10 billion was raised by selling five- year bonds to the U.A.E. central bank in February, and some of the money went to property developers like Nakheel PJSC, which is building palm tree-shaped islands off Dubai’s coast.
Dubai, Abu Dhabi
The second half of Dubai’s bond program would attract “majority government and minority private sector in my opinion,” said Mohammed Alabbar (http://search.bloomberg.com/search?q=Mohammed+Alabbar&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1), chairman of Emaar Properties PJSC, and a member of the Dubai Executive Council in an interview with CNN on Oct. 9. The bond may be issued in November, he said. Central Bank Governor Sultan bin Nasser al-Suwaidi (http://search.bloomberg.com/search?q=Sultan+bin+Nasser+al-Suwaidi&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1) said on July 15 that the U.A.E. may buy part of Dubai’s second bond offering.
“Meaningful participation by the private sector would be a strong signal for Dubai that investor sentiment has improved,” said Tristan Cooper (http://search.bloomberg.com/search?q=Tristan+Cooper&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1), a Dubai-based Middle East sovereign analyst at Moody’s Investors Service. “This provides a motivation for the Dubai government to get private investors involved even if it costs more than selling it all to the federal government.”
Dubai allowed foreigners to buy property in some parts of the emirate in 2002, sparking a five-year building frenzy. The boom ended after the credit crisis crimped mortgage lending, forcing the emirate to look to Abu Dhabi, the U.A.E.’s capital and holder of 8 percent of global oil reserves, for support.
“I assure you that we will be there for each other when we need it,” Sheikh Mohammed said, referring to the relationship between Dubai and Abu Dhabi. “I want to tell these people who nag about Dubai and Abu Dhabi to shut up.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZXxvcs2TEZY&pos=6