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Dubai Receives $10 Billion Bailout From Abu Dhabi

Reposted from: http://blacklistednews.com?news_id=6680

December 14, 2009 @ 12:00 am

Dubai said on Monday that it has received $10 billion from Abu Dhabi, another member of the United Arab Emirates, sparing the city state from defaulting on a $3.52 billion bond maturing that day.

Contributor: BlackListed News