DEWA to Make Bond Payment on Time

Government utility Dubai Electricity and Water Authority (DEWA) has announced it will make an upcoming payment on its US$3.2 billion Islamic bond. 'The next coupon is due on 16 December 2009 and will be made on schedule,' DEWA said in a statement at the request of Nasdaq Dubai. 'We are not aware of any price sensitive information concerning the Sukuk that is not available to the market.'-AME INFO