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    <title>Dubai World to restructure $26bn Nakheel, Limitless debt</title>
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    <pubDate>Tue, 01 Dec 2009 17:36:48 +0400</pubDate>
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        Dubai World has announced that it has started constructive talks with banks to restructure $26bn of debt, including liabilities owed by units Nakheel World and Limitless World. The process will not include Infinity World Holding, Istithmar World and Ports &amp; Free Zone World (which includes DP World, Economic Zones World, P&amp;O Ferries and Jebel Ali Free Zone), all of which are on a stable financial footing the company said in a statement. 
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    <title>Dubai World: Official statement on debt obligations</title>
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    <pubDate>Tue, 01 Dec 2009 17:30:00 +0400</pubDate>
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        Dubai World and its subsidiaries would like to update their lenders on recent developments relating to their debt obligations.  
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    <title>DFM falls slow as index loses 5.61%</title>
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    <pubDate>Tue, 01 Dec 2009 17:20:32 +0400</pubDate>
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        The Dubai Financial Market fell by 5.61%, less heavily than yesterday as the market absorbed announcements relating to Dubai World's restructuring plans. Two stocks rose (Aramex and Air Arabia, up 2.53% and 2.13% to Dhs1.62 and Dhs0.96 respectively), 22 fell and two held steady. Emaar led the loss makers, falling 9.87% to Dhs3.38.
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    <title>ADX slows descent</title>
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    <pubDate>Tue, 01 Dec 2009 17:16:29 +0400</pubDate>
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        The Abu Dhabi Securities Exchange (ADX) slowed its steep falls of yesterday, closing down by 3.57% to 2,573.02. Steep falls at the opening of trading were tempered by slight recovery throughout the day. All sectors fell except the Telecom sector, which rose by 1.47%. Eight stocks rose, and 29 fell. National Bank of Fujeirah led the recovery, going up by 9.90% to Dhs5.66. 
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    <title>UAE's diversified economy prime driver for growth</title>
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    <pubDate>Tue, 01 Dec 2009 17:14:13 +0400</pubDate>
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        Al Mansouri explained that the UAE economy has effectively diversified into tourism, trade and services, which in turn, have helped establish a stable platform for inward international investments. 
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