Binghatti Addresses Debt Concerns as Dubai Projects Grow

Binghatti Addresses Debt Concerns as Dubai Projects Grow

Dubai developer BinGhatti is under scrutiny from rating agencies over tightening liquidity and elevated debt levels. Chairman Muhammad BinGhatti joined Horizons Middle East and Africa to address the concerns, saying the company is confident it can me...

Dubai developer BinGhatti is under scrutiny from rating agencies over tightening liquidity and elevated debt levels. Chairman Muhammad BinGhatti joined Horizons Middle East and Africa to address the concerns, saying the company is confident it can meet its obligations, while outlining its growth plans and property-market outlook. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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