iPhone | iPad
Android
Huawei
The leader also approved the establishment of the National Agricultural Centre
KT APPDOWNLOAD
Banks arrange Dh750m for Abu Dhabi F1 circuit
ABU DHABI — Three leading banks BNP Paribas, Mashreqbank and HSBC have successfully co-arranged a contractor financing of Dh750 million for the construction of the Abu Dhabi F1 circuit.
Mashreqbank was also appointed as the facility and security agent for the transaction. The borrower, Cebarco WCT WLL, is a legal entity established by Cebarco SPC, Bahrain and WCT Engineering, Malaysia, both major clients of the three banks at their respective branches.
The Abu Dhabi F1 circuit is developed by Aldar Properties, the leading developer in Abu Dhabi, to hold the Abu Dhabi Formula 1 Grand Prix from 2009.
The circuit is estimated to be one of the longest and most demanding tracks in the world.
By joining their efforts, the three banks have met the requirements of Cebarco WCT on this landmark project.
More news from
RTA revealed that a total of 15.29 million transactions were made via smart apps alone
Israel is intensifying its attacks both in Gaza and Lebanon as the fight approaches its one-year mark
Singer to take the stage at Coca-Cola Arena on December 14
Rajinikanth's daughter Soundarya visited the Tiruvottiyur Shri Vadivudai Amman Temple in Chennai to offer prayers for the speedy recovery of her father
Recently, both actresses visited Kashmir to shoot for the film
IMF chief said the region remains a bright spot despite numerous shocks over the past few years
The cyber-thriller is available for streaming on Netflix