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From Ameinfo.com: Abu Dhabi Islamic Bank (ADIB), one of the region’s leading Islamic banks, confirmed today that it has arranged an Dhs200m Islamic finance facility for RAK Ceramics to finance its working capital requirements, fund projects to improve energy efficiency, production optimization and cost reduction initiatives.
The agreement was signed at Ras Al Khaimah (RAK) by Ibrahim Al Sane, Executive Vice President Corporate Banking Group in ADIB and Dr. Khater Massaad, CEO of RAK Ceramics………Full Article: Source
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Abu Dhabi Islamic Bank provides finance facility to RAK Ceramics
| Posted on 09 July 2009 |
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