Topic: Dubai World
Debt restructuring talks at Zabeel Investments, owned by the crown prince of Dubai, have ground to a halt with multiple loans in limbo and few ...
A straw poll of business leaders in the region suggests that it took anything between one to three months for the contagion of the global financial...
Move aimed at meeting debt repayment. Economic Zones World (EZW), a unit of Dubai World, is considering the sale of its UK-based warehouse property...
IT'S known as the sport of kings and leaning against the railing at Dubai's Meydan Racecourse watching the richest horse race on Earth, it's hard...
Aidan O'Brien's So You Think is likely to be entered in the Dubai World Cup at Meydan in March.. . . Last year's Coral Eclipse winner also finished...
Dubai World, which rocked markets across the globe in late 2009 with its debt woes, announced on Wednesday that it has signed a final agreement to restructure $14.7 billion (10.4 billion euros) of debt.The government-owned conglomerate announced in September ...
DUBAI (Zawya Dow Jones)--Dubai Holding Commercial Operations Group LLC said Thursday it has agreed with Citibank, Royal Bank of Scotland Group PLC...
Dubai island builder Nakheel has 91 percent support from trade creditors in debt restructuringThe struggling real estate developer behind Dubai's manmade islands said Wednesday it has support from more than 90 percent of its nonbank creditors for its debt restructuring plan ...
DUBAI (Reuters) - Property developer Nakheel's restructuring plan is being complicated by new claims from trade creditors that could lead to more legal headaches, two sources familiar with the matter said.Unlike parent firm Dubai World , which secured unanimous support from lenders ...
Dubai ports operator DP World said Wednesday it has agreed to sell 75 percent of its stake in DP World Australia for 1.5 billion US dollars, as its debt-laden parent firm vies to reduce its liabilities.The world's fourth-largest port ...