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Finance & Markets

Dubai Aerospace targets $2.1 billion dual-currency financing

Arabian Post Staff -Dubai Dubai Aerospace Enterprise (DAE) is seeking a $2.1 billion loan to finance working capital requirements, with five major banks arranging a seven-year facility denominated in US dollars and UAE dirhams. The proposed financing brings together Bank of China, Emirates NBD, Oversea-Chinese Banking Corporation, Industrial and Commercial Bank of China and China Construction…

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

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My excellent Conversation with Liaquat Ahamed

Here is the audio, video, and transcript. Here is part of the episode summary: They start with that puzzle before moving through Gladstone’s startlingly self-interested bet on Egyptian bonds…

  • Ahamed discussed Lords of Finance and 1873, exploring financial crises' impacts on the world.
  • The First Great Deflation better describes the situation, despite two decades of growth.
  • Populism, protectionism, and retreat from liberalism marked the 1920s, leading to imperialism.

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