News Update: Dubai's Government Commits $9.5 Billion To Help Dubai World Restructure Debt

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Uploaded by on Mar 25, 2010

3/25/2010- Dubai's government said on Thursday that it will commit $9.5 billion to help Dubai World restructure its debt.

Dubai World has been trying to restructure $23.5 billion in debt.

The Dubai government said that it would fund the Dubai World investment with its own capital and with $5.7 billion from a loan that Abu Dhabi's government made available.

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