Dubai’s Nakheel to pay off bank debts ahead of plan

DUBAI, June 25- Nakheel, the real estate giant at the heart of Dubai’s financial crisis, said Wednesday it will pay off all its bank debt of 7.9 billion dirhams ($2.15 billion) ahead of schedule. “Our payment is covering up to the last instalment (scheduled for) 2018,” Nakheel chairman Ali Rashid Lootah told reporters. The full […]

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