Dubai repays $229m civil aviation loan

14 April 2010

Dubai's Media Office has said the government has repaid Dhs840m ($229), the first of three equal instalments of a Dhs2.33bn ($635m) Dubai Civil Aviation multi-currency Ijara facility maturing in April 2011. The move re-affirms the Dubai government's commitment to honour all its financial obligations, Abdul Rahman Al Saleh, director general of Dubai's Department of Finance said.

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