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Dubai’s Nakheel will pay maturing Sukuk ‘on time’

Posted on 13 May 2010

From Middle-east-online.com: Dubai’s troubled real estate giant Nakheel said on Wednesday it will repay maturing Islamic bonds reportedly worth 980.1 million dollars on time and in full.
“Nakheel today announces that the Dubai Financial Support Fund has made available sufficient funds to allow for the repayment in full of the sukuk issued by Nakheel Development … which matures on 13 May 2010,” the firm said………………………………………Full Article: Source

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