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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
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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