Hedge Funds & Alternative Investments
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Dubai Steps Up Asset Sales To Cut Debt Pile
Emirate's creditors breathe a sigh of relief as Dubai government's assets fetch good price. Dubai, facing debt repayments of about $50 billion over the next three years, is finally getting serious about selling off assets to raise money – a key component of its repayment strategy. Most investors are now…
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Click here to read the full story: Gulf Business