Dubai Crisis Aftershocks Felt in Developer’s Third Restructuring

  • Limitless offers to restructure debt or accept 50% payment
  • Dubai struggling with impact of global pandemic on its economy
Photographer: Christopher Pike/Bloomberg
Lock
This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Dubai property developer Limitless, one of the biggest casualties of the emirate’s financial crisis in 2009, may end up taking close to two decades to complete its debt restructuring under the timeline of its new plan.