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Dubai’s Amlak Agrees $2.7 Billion Debt Deal With Creditors
Amlak Finance PJSC, the Dubai-based Islamic mortgage provider, has agreed to a $2.7 billion debt restructuring that may pave the way for its shares to resume trading after they were suspended in 2008. The committee appointed by the United Arab Emirates government to negotiate the deal “expects the restructuring to…
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Click here to read the full story: Bloomberg