| From Zawya Dow Jones: Dubai World said Thursday it is close to completing its restructuring, which will help the government-owned conglomerate save $800 million over the next three years, easing part of its debt pile.
The company, which faces looming debt obligations, including a closely watched $3.5 billion bond due later this year, said the restructuring will allow its business units to be "well prepared to thrive in both the current climate and the still uncertain future."........................Full Article: Source
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