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FINANCIAL NEWS
UAE’s Gulf Related signs USD626.29m fund deal
29 Sep 2015
(MENAFN) Property developer Gulf Related has signed an USD626.29 million financing deal with Abu Dhabi Commercial Bank to fund the building of a mixed-use retail development in Abu Dhabi, the firm said.
The project financing deal for Al-Maryah Central is the largest of its kind in the region for Gulf Related and its owners, UAE-based private equity firm Gulf Capital and New York-headquartered Related Companies, the statement said.
Scheduled to open in March 2018, the 2.3 million square foot mall will feature the first Macy”s outside of the United States and the first Bloomingdale”s in Abu Dhabi, the statement added.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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