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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. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
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