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DIB signs $225m loan deal
- United Arab Emirates: Wednesday, July 09 - 2008 at 09:06
Dubai Islamic Bank has arranged Islamic financing of Dhs824m ($225m) for Al Hamad Group to fund a portion of the Remraam project being developed in Dubailand. The total value of the contract for Al Hamad Group is Dhs3.37bn and consists of 108 residential buildings, including facilities such as shopping malls, health clubs and mosques.
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Jeff Florian, Senior ReporterWednesday, July 09 - 2008 at 09:06 UAE local time (GMT+4)
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