Sunday 28 December 2014
 
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Al-Sufouh

Dubai raises $675 million for tram project

Dubai's Department of Finance raised $675 million from a dual-currency loan to complete the first phase of its Al-Sufouh tram project in the emirate. The first phase of the Al-Soufouh Tram project will see the construction of a 10 km-long

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Dubai raises $675m for tram project

Dubai's department of finance raised $675 million from a dual-currency loan to complete the first phase of its Al-Sufouh tram project in the emirate. The facility comprises a 13-year $401 million loan which will amortize over 10 years

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