Dubai World Crisis

Updated: Nov 29, 2009 02:11 IST

The sun rises above Jumeirah Lakes towers in Dubai. Dubai World, a state-run investment company, which is thought to have debts totalling around $59 billion, on Wednesday informed creditors that it is deferring payments until May.
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The sun rises above Jumeirah Lakes towers in Dubai. Dubai World, a state-run investment company, which is thought to have debts totalling around $59 billion, on Wednesday informed creditors that it is deferring payments until May.

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