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Is A $10 Billion Bailout Enough To Save Dubai? {Luxist}

Mar 1st 2009 2:42AM Dubai is a part of the UAE federation - the UAE is not a neighboring state. You confuse the UAE with Abu Dhabi.

But the $10 billion came from the UAE Central Bank, not Abu Dhabi. The money is from funds held on behalf of the banks in the country and not Abu Dhabi.

  • Peter
  • Member Since Mar 1st, 2009

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