Nakheel deal the key to Dubai recovery

NAKHEEL, Dubai’s leading property company and owner of the Palm development, offshore of the Gulf city, is in talks with Dubai World, its heavily indebted parent, over the repayment of a $US3.5 billion ($3.76bn) Islamic bond.

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Nakheel deal the key to Dubai recovery

Tagged as: Dubai, dubai-world, gulf, heavily-indebted, islamic, leading-property, over-the-repayment, palm, repayment