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FINANCIAL NEWS
Dubai World repays USD284m to creditors
05 Mar 2014
(MENAFN) Dubai World has prepaid USD284.5 million to creditors under its USD25 billion debt restructuring plan, Arabian Business reported.
The group acquired the money for the repayment through asset sales, a source said.
Cash raised through asset sales over USD300 million is to be distributed to creditors as early repayments, the terms of the restructuring deal dictates.
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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