| From Reuters: State-owned conglomerate Dubai World has $59 billion of liabilities, a large proportion of the Gulf emirate's total debt, as concerns over how its property subsidiary will manage repayments weigh on the market.
The group, which owns port operator DP World DPW and Istithmar World, the owner of high-end retailer Barneys New York, had 217.79 billion dirhams ($59.27 billion) of total liabilities as at December 31, its subsidiary Nakheel said in a statement on Nasdaq Dubai's website.............Full Article: Source
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