Dubai World News
Dubai World News From AOL News
Will The Sun Never Set on Dubai's Debt?
(Nov. 30) -- There may be something in the financial woes of a Persian Gulf emirate that prompts gloating in the West, some latent ill will, perhaps, that dates from the oil shocks of the early 1970s. But the meltdown in Dubai, now shaking markets worldwide, is as American as a subprime mortgage loan and potentially just...
Dubai World News From AOL
Dubai shipbuilder turns to court on debt deal
DUBAI, United Arab Emirates -Dubai's shipyard operator DryDocks World has filed a claim with a special tribunal in the city-state as part of an effort to push forward its $2.2 billion debt restructuring.
Dubai ruler's firm said to have bigger debt woes
DUBAI, United Arab Emirates -Struggling state conglomerate Dubai World has signed a final agreement with creditors to restructure billions of dollars in debt, the city-state's government said Wednesday.
Background on Dubai World
Dubai World () is an investment company that manages and supervises a portfolio of businesses and projects for the Dubai government across a wide range of industry segments and projects that promote Dubai as a hub for commerce and trading.
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