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29 Nov 2009, 3:31 pm
How Dubai World, a corporation owed by the government of Dubai, will resolve its debt issues has been the subject of much speculation, and little hard fact. [read post]
25 Nov 2009, 8:49 am
Dubai will ask creditors of two of its flagship firms for a standstill on debt worth billions of dollars as a first step toward restructuring Dubai World, the conglomerate that spearheaded the emirate's breakneck growth. [read post]
24 Mar 2010, 9:43 am
Bankers were meeting in Dubai on Wednesday to work out a $26 billion debt plan with state-owned Dubai World as a repayment deadline loomed. [read post]
12 Jul 2010, 2:02 am
The property arm of the embattled state conglomerate Dubai World is selling off its stake in a luxury property partnership in Malaysia, according to press reports. [read post]
30 Aug 2012, 9:01 am
Decree 57 creates an unprecedented insolvency regime applicable to Dubai World and its subsidiaries. [read post]
26 Oct 2010, 11:47 pm
State-owned Dubai World has secured support from all its creditors for a $25 billion debt restructuring plan, a spokesman said on Wednesday, helping to avoid a drawn-out battle with a special tribunal. [read post]
22 Dec 2009, 11:27 pm
Dubai World is likely to press for more time to restructure its $22 billion debt so markets can recover, which will ease credit conditions and enable it to sell assets at higher prices, bankers and analysts said. [read post]
18 Jan 2011, 6:02 am
Moelis & Company, the investment bank, is already an established player in Dubai, having advised Dubai World on its $23.5 billion debt restructuring. [read post]
22 Jul 2010, 7:49 am
Dubai World formally presented its $23.5 billion restructuring plan to scores of creditor banks as it seeks an end to its debt crisis. [read post]
30 Aug 2012, 9:01 am
Decree 57 creates an unprecedented insolvency regime applicable to Dubai World and its subsidiaries. [read post]
30 Aug 2012, 9:01 am
Decree 57 creates an unprecedented insolvency regime applicable to Dubai World and its subsidiaries. [read post]
10 Sep 2010, 2:29 am
Dubai World, the emirate's state-run investment arm, said Friday that 99 percent of its creditors had agreed to the terms for restructuring $24.9 billion worth of debt, less than a year after the troubled conglomerate spooked global markets when it stopped paying interest on loans accumulated before the financial crisis. [read post]
25 Aug 2010, 3:39 am
Dubai World plans to sell its prized assets over a period of eight years to generate as much as $19.4 billion to pay off creditors burned by its overambitious expansion, according to a restructuring document obtained by Reuters on Wednesday. [read post]
5 Jan 2010, 12:52 am
There is a new World's Tallest Building: Burj Dubai. [read post]
27 Mar 2009, 1:33 pm
Dewey & LeBoeuf, MoFo, Quinn Emanuel, and Weil Gotshal are just some of the firms that are advising both Dubai World and MGM Mirage on their dispute over the future of Las Vegas's $8.6 billion CityCenter project. [read post]
15 Sep 2009, 4:32 am
Shaw. the world's fourth largest hedge fund, is opening an office in Dubai to tap public and private opportunities in the world's largest oil exporting region. [read post]
17 Apr 2009, 12:53 pm
MGM Mirage and Dubai World are close to an agreement on a proposal to their banks that would ensure the completion of their CityCenter project in Las Vegas, people with knowledge of the talks told DealBook on Friday. [read post]
4 Oct 2007, 4:58 am
DP World, the Dubai government port owner with holdings from Britain to China, plans to raise as much as $3.5 billion in the Middle East’s second-biggest initial share offering, Bloomberg News reported. [read post]
30 Mar 2010, 4:29 am
A council overseeing the restructuring of Dubai's chief conglomerate said Tuesday a new board had been named to lead deeply indebted Dubai World property development unit Nakheel through its restructuring. [read post]
8 Dec 2009, 11:07 am
And now that one of Dubai's biggest government owned companies, Dubai World, is having trouble paying back its debt, there is renewed fear that more migrant workers could be sent home... [read post]
