UAE investor concern over repayment

Dubia's debts so large that some investors losing faith they will ever be repaid.



    Investors are becoming increasingly worried over how Dubai is ever going to pay its enormous debts.

    Amid rising fury among bondholders at losing lots of money, the cost of insuring the debt against restructuring or default rose on the London stock market on Friday.

    And banking analysts say the trust of investors has been unforgiveably shattered.

    Al Jazeera's Dan Nolan reports.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Interactive: Coding like a girl

    Interactive: Coding like a girl

    What obstacles do young women in technology have to overcome to achieve their dreams? Play this retro game to find out.

    Why America's Russia hysteria is dangerous

    Why America's Russia hysteria is dangerous

    The US exaggerating and obsessing about foreign threats seems quite similar to what is happening in Russia.

    Heron Gate mass eviction: 'We never expected this in Canada'

    Hundreds face mass eviction in Canada's capital

    About 150 homes in one of Ottawa's most diverse and affordable communities are expected to be torn down in coming months