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Email this article: Drydocks World edges closer to restructuring approval
Posted: Tue April 3, 2012 7:06 pm
UAE. Drydocks World, which is testing a form of insolvency protection drawn up in response to Dubai's 2009 debt crisis, has 87% of creditors signed up to its restructuring plan.
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SAUDI ARABIA. Strong demand fundamentals combined with increased public and private sector spending pushed up the average sales price; Momentum expected to continue as Riyadh attracts and promotes investment in industrial and supporting logistics facilities.
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