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Some signs of economic recovery in Dubai, but yet more debt is revealed


Risk Management Reports
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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