| 28.11.2008 - Abu Dhabi to lend funds for property |
| From FT: Abu Dhabi, capital of the United Arab Emirates, has launched a state-backed mortgage lender to help finance the purchases of a slew of properties expected to come to the market in the future. Abu Dhabi Finance has an initial capital of Dh500m ($136m, £89m, €106m) paid by its shareholders, which include Mubadala, the Gulf state's sovereign investment fund, Abu Dhabi Commercial Bank and three big developers..... Full Article: Source |