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GGICO signs debt restructuring with Creditors Dubai

Dubai-based Gulf General Investment Co. PSC announced that it has completed an AED 2.1 Billion (USD 584 Million) Debt Restructuring after obtaining agreement from the majority of its creditors. Mr. Abdalla Juma Al Sari, Chairman of the company, believes this is a win-win deal both for GGICO and the creditors….

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Click here to read the full story: CPI Financial

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