Posts Tagged ‘standstill’

DFM Index records biggest drop in global markets

By Kipp • Dec 23rd, 2009 • Category: Middle East Business News

The Dubai Financial Market General Index fell 3.8 percent to 1,735.7, the biggest drop seen in global…


Dubai World to present standstill offer in January

By Kipp • Dec 22nd, 2009 • Category: Middle East Business News

State-owned conglomerate Dubai World will put forth a standstill proposal to creditors in early January…


Dubai World did not request a debt standstill at meeting

By Kipp • Dec 21st, 2009 • Category: Middle East Business News

State-owned Dubai World did not ask its creditors …


Clearing the web around Dubai

By Aarti Nagraj • Dec 1st, 2009 • Category: Cover Story, Dubai, Economy, The Work

Affirming that the Dubai bubble has not burst, officials in the city accuse the media of wrongly equating Dubai World’s debts to the government.


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