Dubai Government to Distribute $10 Billion to Help Local Companies During Financial Meltdown

Dubai negotiating with companies on $10 billion support package
Khaleej Times
DUBAI - The Dubai government is making final arrangements to distribute $10 billion to help local companies with cash-flow problems during the current financial meltdown.

The government is in the last phase of negotiations with these companies before allocating the funds, which are part of its widely publicized $20 billion stimulus package, said Nasser Bin Hassan Al-Shaikh, the Director General of the Dubai Department of Finance. ...