16.02.2012 - Noor Islamic Bank and Mashreq join forces to finance new hospital
Al Zahra Private Hospital Dubai, subsidiary of Gulf Medical Projects Company, has signed a AED 360 million finance facility with Noor Islamic Bank and Mashreq Al Islami, the Islamic banking division of Mashreq Bank. Noor Islamic Bank and Mashreq Al Islami are participating on an equal sharing basis. The seven-year facility agreement was signed by a representative of Al Zahra (PVT) Hospital Dubai, Kazim Ali, Acting Head of Corporate Banking, Noor Islamic Bank and Amr El Nokaly, Senior Vice President and Head-Commercial Banking, Mashreq Al Islami...............................................Full Article: Source
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