Dubai to meet local banks, propose no haircut - MEED
Reuters India - 4 hours 24 min ago
DUBAI (Reuters) - Debt-laden Dubai World, which will meet with the two local banks on its creditor committee this week, will propose that creditors get their principal investment back, magazine MEED said.

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DealBook - U.A.E. Government to Support Dubai - 23 hours 26 min ago

The United Arab Emirates finance minister said Tuesday that the federal government will support Dubai as it grapples with a $26 billion debt restructuring and expects the matter to be resolved soon, Reuters reported. 0

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