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Dubai not in Refinancing Talks on $20 Billion Abu Dhabi Debt: Official
Dubai is not currently in negotiations with Abu Dhabi to refinance $20 billion of crisis-related debt that will come due in 2014, a top Dubai official said on Tuesday. As its real estate market crashed and state-linked companies struggled with their debt in 2009, Dubai borrowed a total of $20…
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Click here to read the full story: Reuters