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KM Financial Solutions | UAE property developer secures 1 bln dirham loan for mega-project
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UAE property developer secures 1 bln dirham loan for mega-project

27 Dec UAE property developer secures 1 bln dirham loan for mega-project

Posted at 10:40h in News by
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DUBAI, Dec 28 (Reuters) – Arada, a newly-created United Arab
Emirates-based property developer, has secured a 1 billion
dirhams ($272 million) Islamic syndicated loan from UAE banks to
help fund a major project in the northern emirate of Sharjah, it
said on Thursday.

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