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Dubai's biggest bank said to sign upsized $1.7bn loan

Dubai's largest bank, Emirates NBD, has taken advantage of strong support from lenders to sign a $1.7 billion three-year loan, $450 million more than it had originally sought, banking sources said on Thursday. Gulf banks are keen to raise funds as liquidity comes under pressure from lower oil prices and…

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Click here to read the full story: Arabian Business

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