We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Better late than never

25 November 2009 By Una Galani

One of the emirate’s big holding companies, Dubai World, is asking creditors for a standstill. That would amount to a technical default. Dubai proved it can still tap neighbour Abu Dhabi for loans, but it’s right to try first to restructure the $60 bln debt.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)