Islamic Finance
Property & Real Estate
Sovereign wealth
Uncategorized
Dubai sovereign wealth fund seeks $500m loan to expand Atlantis hote
Investment Corp of Dubai the emirate’s sovereign wealth fund, is reportedly raising a $500 million loan to finance the expansion of Atlantis, The Palm resort in Dubai. Bloomberg, citing two people with knowledge of the plan, reports that ICD will obtain the loan from a combination of Emirates NBD and…
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Click here to read the full story: Arabian News