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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, December 15, 2008

Dubai Repays $1.2 Billion MGM Loan

Dubai Repays $1.2 Billion MGM Loan on Refinance Cost (Update1)
Bloomberg
Dec. 15 (Bloomberg) -- Dubai World, an investment company owned by the Dubai government, repaid the outstanding $890 million of a loan it took to fund the purchase of a stake in MGM Mirage as the cost of refinance was "uncompetitive." ...

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