Dubai ring-fences Dubai World's prized assets, further eroding investor sentiment ahead of talks...

|By:, SA News Editor

Dubai ring-fences Dubai World's prized assets, further eroding investor sentiment ahead of talks between the struggling conglomerate and key creditors. Dubai's finance chief said Monday the state-controlled firm might sell assets to finance its commitments, but not ones tied to the emirate's government, sending Dubai shares down 6% to a 20-week low.