Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for Nakheel Development 2 Ltd. > News item |
Nakheel Development 2 pays AED 2.5 billion to trade creditors
By Caroline Salls
Pittsburgh, Aug. 24 - Nakheel Development 2 Ltd. paid back AED 2.5 billion owed to trade creditors in July, according to a news release.
The company said it is implementing its restructuring and expects to restart work on some of its projects in the coming months.
Nakheel is a Dubai, United Arab Emirates-based property developer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.