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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Two creditor groups for $6 bln Dubai Group debt talks

Posted on 26 January 2011

From Reuters: Dubai Group, part of a conglomerate owned by the ruler of Dubai, said it wants to speed up restructuring talks on $6 billion of debt and has set up two creditor committees.
The gulf emirate is climbing out from under a massive debt burden, with other state-linked firms also restructuring……………………………………….Full Article: Source

 
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