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Union Properties in talks with other banks for debt reschedule

Union Properties confirmed that talks are on with multiple banks to set up new debt repayment terms like the Dh946 million one it did with Emirates NBD last week. “That Dh946 million represented nearly the whole exposure the UP Group has with various lenders,” said Fathi Ben Grira, Vice-Chairman at…

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Click here to read the full story: Gulf News

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