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Dubai World Asks for Debt Help from Creditors, World Markets Plunge

By Dividend.com Staff
November 27th, 2009

dubai-world-asks-for-debt-help-from-creditors-world-markets-plunge

Debt problems for Dubai's biggest corporate entity, Dubai World, shook the world markets on Black Friday, after the company announced it needed a six-month stay on its loan repayments.

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One Response to “Dubai World Asks for Debt Help from Creditors, World Markets Plunge”

  1. billy37 Says:
    November 29th, 2009 at 10:25 pm

    60,000 million dollars of debt!!!
    What the heck is wrong with these guys? They spend like crazy then they wanna get bailed out to! Seriously though they’ve only been doing what everyone else has
    Here’s something interesting I read…

    http://ketiva.com/Arts_and_Humanities/dubai_world_postpones_payment_of_increasing_debt.html

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