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Water & Electricity Authority

Water & Electricity Authority latest

The deals mark another statement of intent to pay down debts, the FT report said, adding that the IMF estimates that Dubai has $85 billion of debt that will mature by 2017.
November 20th, 2013 - 03:55 GMT

Shocking! Atlantis Hotel to be sold for debt repayment

Atlantis Hotel, the flagship resort on the emirate’s Palm Island, and one utility provider are set to be sold by Dubai World’s investment arm, Istithmar, to raise cash ahead of a $5.5 billion repayment.
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