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English news

10-Jan-2017

Dubai is completing plans to get financing for airport and Expo site

Dubai is finalising loans to fund the expansion of Al Maktoum International Airport and the building of its Expo 2020 exhibition center. The government is due to get commitments from banks over the next two weeks for a USD3bn loan to back the USD35bn airport project, while the exhibition center is estimates to required total financing of around USD7bn. (Reuters)

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