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

    A journey through Romania in the time of coronavirus

    A journey through Romania in the time of coronavirus

    A photojournalist travels across the country in a motorhome to document how curfews and quarantines have changed it.

    Life after death row: The pastor praying for Nigeria's prisoners

    The Nigerian pastor adapting to life after death row

    Clinton Kanu spent 27 years in prison for a murder he did not commit, but life on the outside feels far from free.

    What it means to love a dead child

    What it means to love a dead child

    You must forget all you thought you knew about grief when the landscape of your life has been demolished.