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Dubai- DMCC to settle $200mln Sukuk in Q2

Posted on 28 January 2010

From Menafn.com: The Dubai Multi Commodities Centre, part of Dubai World, plans to pay the final installment on its five-year $200 million sukuk in the second quarter of 2010, its chief executive officer said on Tuesday.

Malcolm Wall Morris said DMCC would pay the final installment of $20 million when it is due in the second quarter this year. Speaking at a Press conference, Morris said DMCC’s large-scale Jumeirah Lakes Towers development, a mixed-use real-estate project covering 87 towers, was going ahead as planned and was due for completion in 2011……………………………….Full Article: Source

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