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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Dubai World assets in excess of $120 bln

Posted on 25 January 2010

From Reuters: State-linked Dubai World’s property and investment assets exceeded $120 billion at the end of 2009 and could cover its debt of $57 billion, an Arabic-language daily said on Sunday.
Citing a recent internal report shared with creditors, Al Ittihad newspaper said the value of the company’s property assets dropped around 35 percent in 2009, compared with $157 billion in 2008………………..Full Article: Source


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