Hedge Funds & Alternative Investments
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Fitch warns of Dubai debt held by banks
A “significant portion” of $23 billion in loans made to Dubai government-related companies maturing at the end of 2021 may need to be restructured – again, according to Fitch Ratings Ltd. Banks in the United Arab Emirates – still suffering the fallout of Dubai’s 2010 property crisis – are at…
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Click here to read the full story: The Daily Star