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

If the numbers are right...

27 November 2009 By Una Galani

Facts are scarce, but Dubai World is supposed to hold three quarters of the emirate s debt. The holding company had $59bln of liabilities at the end of 2008, and $40bln of equity. Even after a deep fall in the property market, it s hard to see how losses can exceed $1020bln.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)