From Thepeninsulaqatar.com: Dubai International Capital (DIC), the private equity unit of the emirate’s flagship conglomerate Dubai Holding, sought a three-month debt repayment delay yesterday, in another blow to the emirate’s financial image.
“Dubai International Capital and a coordinating committee of banks today presented to lenders a request for a three-month extension to 30 September 2010 of certain maturities,” the company said in a statement……………………………………….Full Article: Source