Bonyan International Investment Group signs home loan agreement with ADCB

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About Bonyan:

Bonyan International Investment Group is a Dubai based real estate company which has a group of companies and strategic alliances that operate under the same umbrella. It is a progressive company with a vision to develop luxury landmark properties in the region.

Since its inception in 2002, the company has grown tremendously with offices set-up in Dubai, Abu Dhabi, Oman, Qatar, Riyadh, Lebanon and Jordan. The company has already created a niche for itself by gaining international and regional recognition for its existing properties and some of its future projects.

These projects involve some of the most prestigious landmarks of the region, such as the Rose Tower in Dubai and Lagoon Plaza in Qatar.

Other key UAE properties of Bonyan International Investment Group currently under construction include the Dubai Gate 1 and Dubai Gate 2 Tower at Jumeirah Lake Towers, the Sharjah Gate and ABBCO Tower in Shrjah.
The Group's main activity is the development of real estate projects through ownership, partnership or as development consultants. It offers a full suite of integrated and research-based services, leveraging several partnerships and strategic alliances with key regional and international business partners. Services include real estate project development, project management and value engineering, sales and marketing, as well as investment and feasibility. These services are offered to individual, corporate and institutional clients and partners.

About ADCB:

Abu Dhabi Commercial Bank - ADCB is a diversified full service bank. Other than banking services that span corporate, retail and commercial banking ADCB is active in the areas of treasury derivatives, infrastructure finance, private banking and wealth management.

Since 1985 ADCB has reported successive years of record profits and consistent growth. Our approach is driven by the ability to create value for our customers by leveraging our skills and expertise. Amongst UAE banks, ADCB has the second largest deposit base with total assets as at 31/12/2006 of AED 81.1 billion and net profit of AED 2.147 billion in 2006.

Our strong franchise, supported by a network of 39 branches in UAE and 2 branches in India is reflected in our recent rating of Aa3, which is the highest awarded to a bank instrument in the Middle East.

The Government of Abu Dhabi, through Abu Dhabi Investment Council (ADIC), holds 65% of the capital while the rest is held by various UAE Institutions and Nationals. ADCB's market capitalization as of 31/12/2006 was AED 22.8 Billion (US$6.2 Billion)