Dubai does not want preferred creditor status

Publish Date: 2010-02-23 01:00:07     Story Code: 25556

Dubai is not seeking preferred creditor status in the restructuring process of state-owned Dubai World, a government spokeswoman said yesterday, removing one stumbling block in talks with lenders. "All creditors, including the government, will be treated on an equal basis," a government   [Full Text]


© Emirates Business 2010. All rights reserved.

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