Business News - The Last 24 Hours
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.
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.
- RELATED:
- Reuters India - Dubai's Emirates to hire 2,000 staff in 2010 - 20 hours 47 min ago
- DUBAI (Reuters) - Dubai government-owned airline Emirates [EMIRA.UL] said on Tuesday it planned to recruit 2,000 cabin crew in 2010 as it expands its fleet and routes.
- Wall Street Journal - Debt Deal Won't Undo Dubai Damage - 20 hours 49 min ago
- A deal to restructure Dubai World's debt may lift a dark cloud that has hung over Dubai, but it won't repair the damage to the emirate's reputation.
- Reuters India - UAE govt to support Dubai, sees resolution - finmin - 23 hours 27 min ago
- DUBAI (Reuters) - The federal government will support Dubai as it grapples with a $26 billion debt restructuring and expects the matter to be resolved soon, the United Arab Emirates' finance minister said on Tuesday.
- COMMENTARY:
- 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

