Monday, Nov 02, 2015
Abu Dhabi: Tamouh Investments, an Abu Dhabi-based real estate developer, announced the completion of a Dh600 million financing deal to fund the final phase of the construction of Tamouh’s Horizon Towers on Reem Island.
Macquarie Capital Middle East acted as a sole financial adviser to Tamouh on the financing, while Abu Dhabi Islamic Bank (ADIB) and Abu Dhabi Commercial Bank (ADCB) provided financing for the seven-year project.
The project was launched in April 2015, and is expected to be completed by the end of March 2017.
Staff Report
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