PHOTO
A sign displaying ATM prepaid cards is seen at a National Bank of Ras Al Khaimah RAK bank branch at Dubai Marina in Dubai May 12, 2013.
Sunday, Aug 28, 2016
Dubai:
Union Properties said on Sunday it has entered into a Dh290 million financing agreement with Ajman Bank and RAK Bank for financing of Oia project for 6 years.
The company has also authorised the board of directors to enter into loans for 3 years, sell property of the company or the store, mortgage companies movable or immovable properties, among others, the company said in a statement posted on the Dubai Financial Market’s website.
Union Properties shares closed 0.14 per cent lower at Dh0.74.
Staff Report
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