Dubai sovereign debt pushed up to $54.8bn but 'stabilising'

Dubai sovereign debt pushed up to $54.8bn but 'stabilising'

Dubai government debt stood at $54.8bn (55.9 per cent of GDP), compared to $50.5bn (55.5 per cent of GDP) a year earlier, estimated BAML. It said the government's indebtedness had fallen by 1.5 percentage points over the same period, if a $24.8bn loan …

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