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Dubai's Nakheel says repays 2.35 bln dirhams of bank debt
Dubai developer Nakheel said on Sunday it has initiated early repayment of 2.35 billion dirhams of bank debts 18 months ahead of maturity in September 2015. The state-owned company had accumulated 6.8 billion dirhams of bank debts while building ambitious mega-development projects such as the palm tree-shaped island off Dubai's…
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Click here to read the full story: Reuters