March 10 (Bloomberg) -- Dubai World, the state-owned holding company seeking to renegotiate terms on $26 billion of debt, made “some progress” in talks with creditors, U.K. Trade Minister Mervyn Davies said.
March 10 (Bloomberg) -- Dubai World, which is seeking to renegotiate terms on $26 billion of debt, has made “some progress” in its talks with creditors with the restructuring, U.K. Trade Minister Mervyn Davies said in Dubai today.