With the events of recent weeks highlighting the problems in Dubai finances many feel that the requested delay by Dubai World to defer the debt payments for its real estate projects not an unrealistic request, to clarify that the Request was for a delay and no loans have been defaulted on.

External debt is commonplace in today’s society in comparison to the world’s borrowing UAE debt is minor ranking 33rd in the table of countries holding debt.

Currently there is a restructuring of Dubai World Entities including Nakheel possible disposal of assets which are quite extensive may be made to meet the new payment date of May 2010.

Many Newspapers around the world have not acknowledged that over 7900 Real estate projects of varying degrees of scale are continuing.