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FINANCIAL NEWS
Dubai World debt restructuring deal reached
02 Oct 2014
(MENAFN) Dubai World’s biggest creditors have agreed on a deal reorganize its debt repayment schedule, Khaleej Times reported.
The chairman of Dubai’s Supreme Fiscal Committee responding to a question if the biggest creditors have agreed on the plan, he said “I would say so”.
The Chairman of Dubai Civil Aviation and Chief Executive of Emirates airline and Group, ruled out any flotation of Dubai’s state-owned companies, including Emirates airline and air travel service provider dnata. They are not being considered, he added.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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