Some signs of economic recovery in Dubai, but yet more debt is revealed
Risk Management
Issue 899
- 30 Apr 2011
| 1 minute read
Dubai Group, a subsidiary of Dubai Holding, has revealed $4bn of debt in addition to the $6bn already declared. The group is now looking to restructure all $10bn, of which the original $6bn is owed to banks and $4bn made up of inter-company loans.
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