Dubai World - a state-owned investment company that manages a wide range of business projects for the city- has played a leading role in making Dubai a major financial hub. <br /><br />The company borrowed heavily over the years to fund its operations. <br /><br />Last year - the firm sent widespread shockwaves when it said it would not be able to repay its debt. It currently owes $26bn.<br /><br />However, Dubai's government has now announced details of a plan to help save the company from bankruptcy.<br /><br />Dan Nolan reports from Dubai. <br /><br />[March 25, 210]
