Dubai Said to Seek $2.5 Billion Loans to Expand Metro for Expo

Updated on
  • Loan includes $1.34 billion facility backed by export agencies
  • A $1.12 billion commercial tranche also part of proposal

Dubai is seeking $2.5 billion in loans to finance a 15-kilometer (9-mile) extension of its above-ground metro line to the World Expo site, according to two people with knowledge of the plan.

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