Dubai has no plans for credit rating

25 August 2010

A spokeswoman for Dubai's Department of Finance has said the emirate has no plans to seek a credit rating for the time being, Reuters has reported. She did not give a reason, saying she had no indications whether the government's attitude might change in the future. Earlier this week, the emirate had said it planned to launch a non-deal road show for fixed income investors in Asia.

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