ADIB Arranges $54.5 Million Funding For Real-Estate Project


13/12/2009 00:00 AST  Bloomberg

Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, arranged a 200 million-dirham ($54.5 million) financing facility for International Capital Trading.

The Islamic facility is to fund a real-estate project, the bank said today in an e-mailed statement. International Capital Trading is a private investment company based in Abu Dhabi.

Abu Dhabi Islamic Bank - ADIB
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL
Most Viewed Companies
Ticker Price Volume
EMAAR 9.52 4,862,651
RIBL 18.78 5,404,271
EEC 87.88 3,917,235
ARTC 4.16 42,783,740
SECO 16.47 4,963,466
MMG 12.55
SABIC 129.51 10,019,639
Recent News

Mideast firms face $91bn refinancing needs
Middle East investment grade companies are facing refinancing needs of about $91 billion from bank and bond debt due to mature over the next four years, according to a recent report.

The

NBK Bahrain reports a net profit of $74.1 million for 1st Half of 2014
National Bank of Kuwait - Bahrain (NBK Bahrain), the subsidiary of NBK Group in Bahrain, reported a net profit of $74.1 million (BHD 27.9 million) for the first half of 2014 compared with $53.9 milli

Emirates REIT (CEIC) net profit up 194 per cent in H1 2014
Emirates REIT (CEIC) Limited has announced its interim results for the six month period ended 30 June 2014. Emirates REIT is managed by Emirates REIT Management (Private) Limited.

During t

Invest Bank - ratings affirmed by Capital Intelligence
Capital Intelligence (CI) has announced that it has affirmed the Financial Strength Rating (FSR) of UAE's Invest Bank (IB) at 'BBB' with its solid capital adequacy and good profitability being major

SABB arranges Islamic financing facility for Umm Al-Qura Cement
In a statement to the Tadawul, Umm Al-Qura Cement Company announced the signing of an Islamic financing agreement with The Saudi British Bank (SABB) on 22 July for SAR 618.874 million.

The

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Which of the following do you think is the best long-term investment?