Tamweel closes $235m syndicated bank facility (AME Info)
Story date: 2008-04-23 09:33:52
Added on: 2008-04-23 22:18:05
Dubai-based Islamic mortgage lender Tamweel said it successfully closed a $235m syndicated bank facility, which involved the participation of leading regional and international financial institutions, including banks based in the Far East. The facility, provided under a Sharia-compliant structure, will be used to fund Tamweel's long-term growth and aggressive business objectives.
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