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National Bonds looks abroad to diversify
National Bonds, which is owned by the Dubai Government, Emaar Properties, Dubai Bank and Dubai Holding, uses the proceeds to make investments. The company must give a minimum of 20 per cent of its overall profits to the bondholders, with the remainder divided among its shareholders.
Dubai developer wanted in Germany over alleged hotel fraud
Authorities in Germany are seeking the arrest of a German national on suspicion of a multimillion-euro fraud in connection with a Dubai hotel project that was never built.
Double the ‘kids go free’ on holidays to Dubai
Two children under 16 with every family travelling to Dubai on Emirates Airline in the summer can claim free flights, free meals, hotel stays and entrances to attractions, the Dubai Department of Tourism and Commerce Marketing (DTCM) said yesterday.
