Monday, December 7, 2009

Dubai shares fall on fears over the emirate's debt load

It came as Dubai's finance minister said the government would not sell any assets to help the emirate's investment vehicle, Dubai World, meet its debts.

Minister Abdulrahman al-Saleh said any assets sold would have to be the property-to-ports company's own.

Dubai shares have had a torrid time since Dubai World said 10 days ago it wanted to stall payments to creditors.

No comments:

Post a Comment