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Oct. 21 (Bloomberg) -- Dubai World, the state-owned holding company grappling with $40 billion of debt, may be able to sell bonds to repay loans, including a $3.5 billion Islamic bond due at year-end, two bankers familiar with the group’s plans said. Full Article at Bloomberg.com
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The UAE economy is set to rebound with “greater confidence”, the prime minister said yesterday, a sentiment reflected in recent surveys of the business community. Full Article at 7 Days
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Dubai World revealed the results of a restructuring effort that it says will save US$800 million (Dh2.93 billion) in three years as the emirate strives to reduce a debt burden of more than $80bn. Full Article at The National Newspaper
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Everything seems good when your stock is rising. So when your stocks zoom upward 45 per cent in just three months, as they have done in Dubai, it’s difficult not to feel good about yourself. Full Article at The National Newspaper
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A look at economic developments and activity in major stock markets around the world Thursday:___PITTSBURGH — Leaders of the world's major economies began gathering for a two-day "checkup" summit aimed at making sure a fledgling global recovery remains... Full Article at Newsday
