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FINANCIAL NEWS
Abu Dhabi’s TDIC raises USD500m loan facility
16 Dec 2013
(MENAFN) Abu Dhabi-owned Tourism Development & Investment Co. (TDIC) has raised a USD500 million loan to pay its debt, Arabian Business reported.
The USD500 million loan was obtained from seven banks, bankers with knowledge of the matter said.
TDIC is building the local branches of the Louvre and Guggenheim museums in Abu Dhabi, the Zayed National Museum and a New York University campus.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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