Nakheel has slashed trade claims by 70%

Nakheel, a Dubai-based developer, has used only 41.5 per cent, or Dh11.15 billion, from a total commitment of Dh26.78bn by the Dubai Financial Support Fund (DFSF), while it managed to slash trade claims down by 70 per cent to Dh17.61bn from Dh59.32bn.

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