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Ras Al Khaimah Properties signs a financing agreement worth two billion dirhams

Ras Al Khaimah Properties signs a financing agreement worth two billion dirhams

Company said Ras Al Khaimah Real Estate In a statement on the Abu Dhabi Financial Market, these facilities will enable the company to accelerate the implementation of its current and future projects, including luxury hotels and residential projects, providing long-term financial support that ensures the company’s continued sustainable growth.

For his part, Sameh Mohtadi, CEO of the company, said: This agreement represents an important step in achieving the company’s ambitions to transform…Mina Al Arab“To a distinguished destination for housing and investment.

He added, “These financing facilities will give us the necessary resources to enhance our expansion plans.”

For his part, Dr. Bernd van Linder, CEO of the Bank, commented Dubai Commercial Regarding this agreement, he said: “We are pleased to be part of this partnership with Ras Al Khaimah Properties, to support its ambitious development plans in Mabinah Al Arab. This agreement reflects Dubai Commercial Bank’s commitment to providing support to Emirati companies and promotes vital projects that drive economic growth in the country, and we look forward to continuing Investing in this major project, which is a distinguished destination for luxury housing and sustainable growth.”



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