Dubai World (“the Company”) today announces that it has presented a restructuring proposal to the Coordinating Committee representing the Company’s financial creditors on the restructuring of $23.51 billion of total financial liabilities held by Dubai World, the holding company, as at 31 December 2009. The proposed restructuring requires the agreement of Dubai World’s creditors which the company will work to secure in the coming weeks. Commenting, Aidan Birkett, Chief Restructuring ...