Hedge Funds & Alternative Investments
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UAE’s Sajwani ‘surprised’ by spate of commercial loan defaults: Bloomberg
UAE billionaire and real estate tycoon Hussain Sajwani has been “surprised” by a spate of asset managers defaulting on their borrowings this year amidst high interest rates, Bloomberg reported on Thursday. The investors, some with assets worth more than $1 trillion, have turned over their commercial properties to creditors, while…
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