22.02.2010 - Dubai World on verge of presenting debt proposal
From Timesonline.co.uk: Dubai World will present its banks with a restructuring proposal for its $22 billion (£13.5 billion) debts by the end of next month. An insider close to the Dubai Government said that the struggling state-owned conglomerate will finalise a complete valuation of the group’s assets by the end of February and will have a restructuring offer on the table within the following four weeks.......................Full Article: Source