Dubai sees no need to recapitalise support fund

DUBAI Mon Nov 12, 2012 3:21am EST

DUBAI Nov 12 (Reuters) - Dubai sees no need to recapitalise the financial support fund which provides aid to indebted state-linked companies, Sheikh Ahmed bin Saeed al-Maktoum, the head of the emirate's Supreme Fiscal Committee, said on Monday.

"No, we do not need to do anything like that. All the companies are doing well," Sheikh Ahmed told reporters in response to a question.

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