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Mashreq, Al Hilal close theme park financing

Posted on 21 May 2012

Top financial institutions, Al Hilal Bank and Mashreq, acting as the mandated lead arrangers (MLAs) have closed a club facility, structured on Shari’ah principles to finance the construction of a theme park in Dubai.
The project is developed by the Ilyas and Mustafa Galadari Group (IMG), wholly owned by Ilyas Galadari and Mustafa Galadari, which is developing City of Arabia. Mashreq also acted as the documentation bank and is the investment agent for the transaction………………………………………..Full Article: Source

 
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