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28 Nov

Dubai World Unit Faces Default Test Monday With Bond Payment – Wall Street Journal

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Dubai World Unit Faces Default Test Monday With Bond PaymentWall Street JournalDUBAI (Zawya Dow Jones)–Debt-laden Dubai World's unit Jebel Ali Free Zone Authority, or Jafza, faces on Monday a coupon payment on a 7.5 billion UAE dirham ($2.04 billion) Islamic bond in the first key test of whether it will default. …Dubai crisis jolts markets, but early fears easeThe Associated PressAbu Dhabi poised to throw lifeline to DubaiTimes OnlineMarkets plunge on Dubai crisis but end off lowsReutersSydney Morning Herald -MarketWatch -Wall Street Journalall 4,487 news articles »

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