GenevaLunch News The government of Dubai announced a unilateral moratorium on the $59 billion debt mountain of its biggest corporate entity, Dubai World, a conglomerate that owns ports and real estate around the world, 26 November. The government says it has appointed DeLoitte LLP to advise it on restructuring Dubai World. The news caused stock markets in […]
Dubai financial meltdown fuels market concerns in Europe © GenevaLunch News, See license terms.