Nakheel could sign agreement with lenders next week
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Nakheel could sign agreement with lenders next week

Nakheel could sign agreement with lenders next week

Ali Lootah, chairman of Dubai-based Nakheel has said the company could reach an agreement with its lenders next week, Khaleej Times has reported. "We are meeting with bankers on July 14 and hopefully they will sign the contract," Lootah told the daily. Nakheel said on June 30 it had started making 40% cash payments to its biggest contractors.

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