| 01.12.2009 - Dubai World debt is commercial, not sovereign |
| From Business24-7.ae: Dubai World is a commercial entity and the debt it has raised was issued on commercial terms and has never been guaranteed by the government, a senior official clarified, reacting to confusion among the media over the status of the company's debt. He said the global media is inaccurately linking the sovereign debt of the Government of Dubai with the commercial debt of Dubai World..................................Full Article: Source |