| 07.12.2009 - Oman banks have US$77mln exposure to Dubai World |
| From Btimes.com.my: Oman's top banks said yesterday that they had a total exposure of US$77 million (US$1 = RM3.38) to troubled conglomerate Dubai World, sending their shares down nearly 6 per cent. Government-owned Dubai World requested a payment standstill on November 25 for US$3.52 billion worth of Islamic bonds maturing this month as it looks to restructure US$26 billion worth of debt..................................Full Article: Source |