25 November 2007
Thani Investments, a Dubai-based group with businesses in property, oil, gas and mining, plans to borrow as much as $500 million (Dh1.83 billion) over five years to fund expansion after selling its first Islamic bond this month.
Thani Investments, a Dubai-based group with businesses in property, oil, gas and mining, plans to borrow as much as $500 million (Dh1.83 billion) over five years to fund expansion after selling its first Islamic bond this month.
The company, owned by Abdulla Al Thani, sold $100m (Dh367m) musharakah sukuk to seven banks this month, Rishard Camball, Thani Investments' chief financial officer said.
© Emirates Today 2007
