| Wednesday, 20 May 2009 | |
|
Rothschilds Roadmap for Dubais Economic Recovery 'It is payback time for Rothschild in Dubai. The 200-year-old banking house, perhaps the bluest of the blue bloods of the worlds financial dynasties, has always prided itself on the strength of its relationships, especially with governments and global power brokers. Now, after years of cultivating Dubai corporations with advice and assistance, it has landed the big one the brief to advise Dubai Inc on the strategy for recovery from the financial crisis. Last month it was announced that Rothschilds Dubai office had been retained by the Governments Department of Finance to advise on the US$10 billion (Dh36.7bn) financial support fund (FSF) raised by Dubai on the bond markets (with a further $10bn in the pipeline).' |