Six months would be too short to restructure indebted state-controlled conglomerate Dubai World, the emirate's finance chief said on Tuesday, adding that it has enough assets to meet its obligations.
Dubai's government would support the group "as an owner", Abdulrahman al-Saleh told Al Arabiya televison, without being more specific. He said it was premature to talk about cash injections into the group's developer Nakheel.
The six-month period would be focused on sorting out the debt of Dubai World, he said.
Dubai, which has a programme to seek further sovereign loans, should be able to tap debt markets when it needs, Saleh said without giving a timeframe.
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