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| Version 3 | Version 4 |
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| Dubai stock market slumps again | Dubai stock market slumps again |
| (about 21 hours later) | |
| Dubai's stock market fell by 6% on Monday on new worries about the size of the emirate's debt burden. | Dubai's stock market fell by 6% on Monday on new worries about the size of the emirate's debt burden. |
| It came as Dubai's finance chief said the government would not sell any assets to help the emirate's investment vehicle, Dubai World, meet its debts. | |
| 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. | Dubai shares have had a torrid time since Dubai World said 10 days ago it wanted to stall payments to creditors. |
| WHAT IS DUBAI WORLD? The emirate's flag bearer in global investmentsHas a central role in the direction of Dubai's economy Assets include DP World, which caused a storm when trying to take over six US portsProperty arm Nakheel built The Palm Islands and The World developments Dubai economy 'will bounce back' | WHAT IS DUBAI WORLD? The emirate's flag bearer in global investmentsHas a central role in the direction of Dubai's economy Assets include DP World, which caused a storm when trying to take over six US portsProperty arm Nakheel built The Palm Islands and The World developments Dubai economy 'will bounce back' |
| They finished Monday trading at their lowest level since 22 July. | They finished Monday trading at their lowest level since 22 July. |
| Real estate and banking shares were particularly hard hit, with investors still concerned about the financial sector's exposure to Dubai World's debt. | Real estate and banking shares were particularly hard hit, with investors still concerned about the financial sector's exposure to Dubai World's debt. |
| Dubai World has some valuable assets, notably its ports business, which stretches to every continent in the world, including London's Tilbury Docks and France's Le Havre. | Dubai World has some valuable assets, notably its ports business, which stretches to every continent in the world, including London's Tilbury Docks and France's Le Havre. |
| Other items in its wide-ranging investment portfolio include the luxury retailer Barney's of New York, a list of high-end US hotels, and the Canadian acrobatic circus franchise, Cirque du Soleil. | Other items in its wide-ranging investment portfolio include the luxury retailer Barney's of New York, a list of high-end US hotels, and the Canadian acrobatic circus franchise, Cirque du Soleil. |
| Speaking to Al-Jazeera, Mr Al-Saleh said: "Like any company that has commitments, part of getting liquidity is selling some assets. Of course local or foreign assets." | Speaking to Al-Jazeera, Mr Al-Saleh said: "Like any company that has commitments, part of getting liquidity is selling some assets. Of course local or foreign assets." |
| Investors' demands | Investors' demands |
| One of Dubai World's first major repayments to bondholders in its property firm Nakheel is due next week. | One of Dubai World's first major repayments to bondholders in its property firm Nakheel is due next week. |
| The BBC's Middle East Business reporter Malcolm Borthwick said although the company had asked for a six-month delay, sources had told him that bondholders wanted to be paid off in full and on time. | The BBC's Middle East Business reporter Malcolm Borthwick said although the company had asked for a six-month delay, sources had told him that bondholders wanted to be paid off in full and on time. |
| A group representing 25% of bondholders were writing to Dubai World to that effect, he added. | A group representing 25% of bondholders were writing to Dubai World to that effect, he added. |