DUBAI, Dec 19 (Reuters) - Qatar's United Development Co
UDCD.QA
(UDC) has secured financing of up to 730 million riyals ($200.5 million) from Commercial Bank of Qatar
COMB.QA
(CBQ), the real estate developer said in a bourse filing on Monday.
It added the funding will be used towards the construction and development of Abraj Al Mutahida in Viva Bahriya, a real estate scheme in Doha.
($1 = 3.6414 Qatar riyals)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
It added the funding will be used towards the construction and development of Abraj Al Mutahida in Viva Bahriya, a real estate scheme in Doha.
($1 = 3.6414 Qatar riyals)
(Reporting by Tom Arnold; Editing by David French) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))