Abu Dhabi to aid Dubai "case by case": official
Sat Nov 28, 2009 4:54am EST
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ABU DHABI (Reuters) - Abu Dhabi, capital of the United Arab Emirates and one
of the world's top oil exporters, will "pick and choose" how to assist its
debt-laden neighbor Dubai, a senior Abu Dhabi official said on Saturday.
"We will look at Dubai's commitments and approach them on a case-by-case
basis. It does not mean that Abu Dhabi will underwrite all of their debts,"
the official told Reuters by telephone.
The government official declined to be identified because he is not
authorized to speak to the media.
"Some of Dubai's entities are commercial, semi-government ones. Abu Dhabi
will pick and choose when and where to assist," he said.
(Reporting by Stanley Carvalho via the Dubai newsroom; writing by Thomas
Atkins<http://blogs.reuters.com/search/journalist.php?edition=us&n=thomas.atkins&;>;
Editing by Raissa Kasolowsky)
http://www.reuters.com/article/GCA-CreditCrisis/idUSTRE5AR0EH20091128
