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Dubai's Nakheel said to seek $1.4bn loan to fund projects
Dubai property developer Nakheel is seeking to borrow 5 billion dirhams ($1.4 billion) from banks, sources aware of the matter said, in what would be its first attempt to raise sizeable debts since it almost collapsed at the turn of the decade. Nakheel, at the centre of a debt crisis…
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Click here to read the full story: Arabian Business