Thursday 28, August 2008 by

al khaliji in $1.5 billion commodity Murabaha facility for Dubai Group

Al Khalij Commercial Bank said it has taken part in a $1.5 billion syndicated commodity Murabaha facility for Dubai Group.  Dubai Group is the diversified financial services company of Dubai Holding.  The arrangement is considered to be the largest ever multicurrency syndicated commodity Murabaha transaction in the UAE which a statement issued on the Doha Securities Market said aimed to explore new growth opportunities, support current investments and refinance existing debt. 

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