DUBAI World Debt ‘Not Guaranteed ’ By Government 61
Friday, March 20th, 2009The stock markets in Dubai and in Abu-dabi saw sharp falls after the Dubai world issue. The finance minister Abdurrahman al-saleh said that the “creditors think that the Dubai world is part of the government which is not true so it will not guarantee the debt of Dubai world”. Abu Dubai’s stock market lost a record 8.3%while Dubai dropped 7.3%.