Dubai World debt deal may be signed this month

09 May 2010

Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai's Supreme Fiscal Committee, has said an agreement to restructure Dubai World's debt might be signed with creditors in about two weeks. 'The first proposal has been accepted,' he told CNN in an interview. 'We're in the process today of refining it to the last thing to be signed on. I still remain very positive that it will be received very well. Maybe we are looking about two weeks from now.'

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