February 23, 2024

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Emirates NBD arranges Dh750 million time period mortgage facility for Dar International

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Ziad El Chaar, CEO of Dar International, stated: “This new facility offers us with further capital to speed up our development in key markets as we glance to capitalise on sustained demand for luxurious properties from internationally cell, excessive internet price buyers.”

Ahmed Al Qassim, Group Head of Wholesale Banking, Emirates NBD, stated: “We’re happy to construction a facility that completely aligns with Dar International’s enterprise ambitions. This milestone is a testomony to our experience in delivering complete monetary options and reinforces our dedication to be a trusted accomplice in quickly evolving international markets.”

Dar International is the worldwide actual property arm of Dar Al Arkan, a 28-year-old actual property improvement firm, which has a portfolio throughout the UAE, Qatar, Oman, Bosnia, the UK and Spain. Some outstanding tasks embrace City Oasis Tower in collaboration with Missoni, Da Vinci Tower with interiors by Pagani, Les Vagues residences by Elie Saab, and the W Residences Dubai – Downtown.

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