From Thenational.ae: Dubai International Capital (DIC), the emirate’s premier investment vehicle, has reached a deal with its main bankers to delay repaying debts of US$2.6 billion (Dh9.55bn) for three months.

In a brief statement, the company said it and a “co-ordinating committee (Co-com) of banks presented a request to lenders for a three-month extension to September 30 of certain maturities…………………………………….Full Article: Source