20.10.2009 - Nakheel settles Dh4.4bln bank debt
From Thenational.ae: Dubai and the companies it controls are taking advantage of a rally in global markets to pay off loans and seek cheaper funds from international investors as the emirate tackles its US$85 billion (Dh312.16bn) debt burden. The Government of Dubai yesterday invited investors to attend a round of fund-raising presentations starting on Thursday in Europe, Asia and the UAE. The last time Dubai raised funds from international investors was in April last year........................Full Article: Source