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Dubai World again pledges to repay debt

Sheikh Ahmed bin Saeed al-Maktoum, the newly appointed chairman of Dubai World, has renewed the company's pledge to meet its debt obligations, AFP has reported. "Sheikh Ahmed bin Saeed al-Maktoum has stressed the commitment of the board to follow a process that would strengthen the company's performance... and its financial status to enhance its ability to meet its financial and contractual commitments," DW said in a statement.