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Dubai World it has won over nearly all its creditors to a $24.9-billion debt restructuring plan, bringing the struggling conglomerate a key step closer to resolving a financial crisis that has dragged on for months.
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BANQUE SAUDI FRANSI-CREDIT AGRICOLE GROUP

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abtest

Dubai World wins over creditors to $24.9-billion debt plan

September 13, 2010 - 12:00am

Dubai World it has won over nearly all its creditors to a $24.9-billion debt restructuring plan, bringing the struggling conglomerate a key step closer to resolving a financial crisis that has dragged on for mo...

Business

Dubai woes loom as Gulf leaders prepare to meet

December 13, 2009 - 9:29pm

Ongoing concerns about Dubai's financial woes could overshadow efforts to more closely align Gulf Arab nations' economies when the region's leaders meet Monday in Kuwait.

Dubai debt problems cast shadow over region

November 28, 2009 - 4:45pm

DUBAI (AP) — For years, Dubai seemed unstoppable, an oasis of excess boasting indoor ski slopes and manmade islands, the world's tallest tower and dreams that reached even higher.