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Middle East

Dubai: $3 Billion Secured for Airport Expansion Project

Dubai: $3 Billion Secured for Airport Expansion Project
Ryan Boyd

On Sunday, the government of Dubai government announced that it had secured $3 billion for the long-term financing of expansion projects for its airports Dubai International Airport (DXB) and Al Maktoum International Airport (DWC).

The funds were raised by a consortium comprised of the government’s Department of Finance, Investment Corporation of Dubai, and the Dubai Aviation City Corporation.

To read more on this story, visit Reuters.

[Photo: Shutterstock]

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