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Dubai's Drydocks goes to court to force creditors in line

Dubai's Drydocks goes to court to force creditors in line

Drydocks turns to Decree 57 special tribunal; Tribunal hearing set for 1000 GMT on Monday; Drydocks in talks to restructure $2.2 bln debt

April 2, 2012 9:21
 

Dubai World loans sold, losses estimated at half of face value

Dubai World expected to avail itself of special law and tribunal to support restructuring.

June 14, 2010 10:48
 

Summer vacations leave many heavily in debt

The lure of vacations abroad is leading many people into debt they can't repay.

June 12, 2010 10:37
 
Parents should lead by example in money management

Parents should lead by example in money management

Most UAE teachers want financial literacy to be taught in schools. But given the Middle East’s looming debt crisis, money management will also have to figure on the curriculum at home.

March 14, 2010 3:50