Iraq in Market to Raise $1 billion, first Standalone Bond in Over Decade

By Davide Barbuscia DUBAI, Aug 2 – Iraq started marketing a $1 billion bond on Wednesday, its first international debt issuance as a standalone credit since 2006 and an attempt to put decades of turmoil behind it. With huge oil reserves behind it, the bond was seeking to tempt emerging market investors with alluring profits

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Debtors Shall Not Go to Jail, Unless…

UAE’s new Federal bankruptcy law to benefit debtors, creditors and the economy. BY H.E. Obaid Al Tayer Mature economies have proven the need to implement a modern bankruptcy law in each country that wishes to strengthen its economic status. The aim behind the federal bankruptcy law is to attract capital in a safe and attractive

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