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Developer Arada gets $1bn loan for two major Sharjah projects
Property developer Arada has secured two syndicated loans worth a total of Dhs1bn with Mashreq Bank to fund its two lifestyle projects in Sharjah, it announced on Wednesday. The two Islamic facilities, worth Dhs600m and Dhs400m, will be used to finance its Aljada and Nasma Residences projects respectively. The announcement…
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Click here to read the full story: Gulf Business