From Thenational.ae: Holders of the Nakheel sukuk, which matures tomorrow, are braced for a decision by Dubai that could see them be offered less than the value of their investments in the US$3.5 billion (Dh12.85bn) issue.

And a senior banker has warned that Dubai faces harsher credit terms and a possible liquidity squeeze if its financial problems are not resolved………………………………Full Article: Source