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e for this cash, it makes sense.... They're in a very good financial position with ample liquidity" said Samir Murad, an analyst at NBK Capital in Kuwait. DP World's decision to repay the debt early stands in contrast to other Dubai state-owned companies that in recent years were forced to seek new r
arnings later this week. It raised $1.5 billion in December 2010 by selling the majority of its Australian operations to an investment fund led by Citigroup Inc. It still manages the Australian ports and has a 25 percent interest in them. The company is widely seen as one of Dubai's healthiest state-controlle
illion is of greater concern, they said. The U.A.E.'s banking industry is already the biggest among the six Gulf Arab states including Saudi Arabia,Kuwait and Qatar, with 1.54 trillion dirhams ($418 billion) in assets, central bank data shows. To contact the reporter on this story: Arif Sharif in Duba
ous holiday, according to Bloomberg data. The U.A.E. has 24 local banks and 28 units of foreign lenders operating in the country, including those of Citigroup Inc., HSBC Holdings Plc and Standard Chartered Plc. Loan losses U.A.E. banks are already facing rising loan losses stemming from the global recession a
se for this cash, it makes sense.... They're in a very good financial position with ample liquidity" said Samir Murad, an analyst at NBK Capital in Kuwait. DP World's decision to repay the debt early stands in contrast to other Dubai state- owned companies that in recent years were forced to seek new r
earnings later this week. It raised $1.5 billion in December 2010 by selling the majority of its Australian operations to an investment fund led by Citigroup Inc. It still manages the Australian ports and has a 25 percent interest in them. The company is widely seen as one of Dubai's healthiest state-controll
es across the six-nation Gulf block as governments seek to fill fiscal gaps the International Monetary Fund says could reach $900 billion by 2021. Kuwait, which plans to raise as much as $9.9 billion from a bond issue in September, is willing to liaise with Saudi Arabia on the timing of the sale, Fin
rking on the deal, two of the people said. EFTA_R1_01556930 EFTA02454886 The managers will work with HSBC Holdings Plc, JPMorgan Chase & Co. and Citigroup Inc., who were said to have been appointed global coordinators last month for the sale of at least $10 billion of bonds. Saudi Arabia plans to boost de
es across the six-nation Gulf block as governments seek to fill fiscal gaps the International Monetary Fund says could reach $900 billion by 2021. Kuwait, which plans to raise as much as $9.9 billion from a bond issue in September, is willing to liaise with Saudi Arabia on the timing of the sale, Fin
rking on the deal, two of the people said. EFTA_R1_01367641 EFTA02368568 The managers will work with HSBC Holdings Plc, JPMorgan Chase & Co. and Citigroup Inc., who were said to have been appointed global coordinators last month for the sale of at least $10 billion of bonds. Saudi Arabia plans to boost de
Entities connected to both Kuwait and Citigroup Inc.

Jeffrey Epstein
PERSON
Barack Obama
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Donald Trump
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United States
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George W. Bush
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Middle East
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Marc Rich
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Terje Rod-Larsen
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Saudi Arabia
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Bill Clinton
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Abu Dhabi
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Saddam Hussein
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Prince Andrew
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Bloomberg L.P.
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Riyadh
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Michael Cohen
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Benjamin Netanyahu
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Samantha Power
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Joe Biden
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Department of Justice
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