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

Dubai says pays off $300 mln loan in sign debt fear easing

Posted on 07 October 2009

From Zawya Dow Jones: Dubai Holding, a conglomerate controlled by the emirate’s ruler, said Tuesday it paid back in full a $300 million loan belonging to its Sama property unit.

“The final installment of $50 million was settled,” a spokesman for Dubai Holding told Zawya Dow Jones, adding that the loan matured on Oct.5………………Full Article (Subscription Required): Source

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