UAE: Dubai Government calls for debt restructuring by state companies

Got this report on Dubai Crises from JM Read this for Clarity on Dubai Crises. The Dubai Government announced yesterday that it has asked investors to extend the maturity of upcoming debt amortisations of two of its state-owned companies, Dubai World and its real estate development arm Nakheel, until 30 May 2010. Subsequently, the Dubai … Read more UAE: Dubai Government calls for debt restructuring by state companies