| 04.02.2010 - Asset sale looms for Dubai World |
| From Thepeninsulaqatar.com: State-owned conglomerate Dubai World, which is restructuring some $22bn in debt repayments, has yet to arrive at a formal standstill agreement with its creditors. The company rocked global markets on November 25 with plans to request a delay on repaying $26bn in debt linked to its main propery units Nakheel and Limitless World...........................................Full Article: Source |