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Abu Dhabi’s ADNH signs Dhs1.6bn loan to fund acquisition of Dubai hotels
Abu Dhabi National Hotels (ADNH) has signed a Dhs1.6bn ($435m) loan facility with First Abu Dhabi Bank to acquire a number of Dubai-based hotels. The announcement comes after the company announced in November that it would acquire five hotels from Dubai-based Emaar. The portfolio of five hotels includes Address Dubai…
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Click here to read the full story: Gulf Business