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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Tuesday, December 16, 2008

UAE Has Adequate Liquidity for Local Banks

UAE has no liquidity problems, says Al Suweidi (Final ADD)
WAM - Emirates News Agency - Abu Dhabi,United Arab Emirates
WAM XXX today Suweidi said that the UAE Central Bank has adequate resources to pump liquidity to the local banking system, adding that that the government has issued treasury bonds to cover the amount of the stimulus package given to the local banks recently. ...

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