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[EMAAR AB] Emaar Economic City :: to get $1.3 bn gov’t loan

[EMAAR AB] Emaar Economic City :: to get $1.3 bn gov’t loan

Emaar Economic City, a Saudi developer affiliated with Dubai’s Emaar Properties [EMAAR UH] expects to receive a long-term loan from the Ministry of Finance of some SAR5 bn ($1.33 bn).
Emaar Economic City, established in 2006 in Saudi Arabia, is a consortium of global real estate major Emaar PJSC and a number of high profile Saudi [...]

February 1 2010 | Posted in COMPANIES, Financials, GCC, Loans & Credits, MENA, Real Estate, Real Estate Holding & Development, Real Estate Investment & Services, Saudi Arabia, Stocks, United Arab Emirates | Read More »