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Dubai World Made Final Repayment of $8.2 Billion
July 1st, 2020 - 06:05 GMT

Dubai World Made Final Repayment of $8.2 Billion

Dubai World said on Tuesday it made the final repayment of $8.2 billion to creditors more than two years ahead of the due date using funds from asset sales, dividend payments and the delisting of port operator DP World, taking its total repayments to $18.9 billion since 2011. The payment, made ahead of its September 2022 maturity, was an "important milestone" for the company and Dubai, the state-owned conglomerate's Chairman ...
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