Sunday 06, April 2008 by Mike Gallagher
MBI signs $98 million term loan facility with EmiratesNBD and NBAD
Mubarak and Brother Property and Financial Investments (MBI) has signed an AED360 million term loan facility jointly with EmiratesNBD and National Bank of Abu Dhabi, to fund the development of one of its mixed-use projects in the emirate of Abu Dhabi. The facility was signed by His Excellency Saeed Abdul Jaleel Al Fahim, chairman of MBI, and senior officials from both banks.
