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debts

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
 
Super-sized spending in Saudi

Super-sized spending in Saudi

Most families in Saudi are spending much more than they earn, accumulating huge debts as a result.

March 10, 2010 4:31
 

Government loaned $6.2 billion to Dubai World in the last year

Dubai World is currently looking to restructure $22 billion of debt.

February 6, 2010 11:52
 

Dubai World’s assets worth more than $120 billion

Dubai World is estimated to have debts of around $57 billion.

January 24, 2010 4:22
 

Dubai World, not Dubai, may sell assets

Government-owned Dubai World may sell off some…

December 7, 2009 4:23
 

Dubai government plans $6.5bn bond program

The Dubai government has set up…

October 25, 2009 5:00
 

Dubai World may sell bonds to repay debt

Government-owned conglomerate Dubai World may...

October 21, 2009 3:13
 
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