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The company has secured Dh300 million credit line from A Class Banks.
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Dubai, Abu Dhabi indexes gain Dh22b during first week of Ramadan
Wam file photo
ADX crossed the 10,000 points barrier for the first time amidst increased demand for IHC's Apex National Investment, which drew Dh10.1 billion in transactions.
Abu Dhabi and Dubai twin bourses rallied for the second consecutive session, as investor sentiments continued to improve, driven by optimistic economic outlook.
The two markets gained a combined Dh22 billion during the first week of Ramadan, with Abu Dhabi Securities Exchange (ADX) breaking the 10,000 points barrier for the first time amidst increased demand for IHC's Apex National Investment, which drew Dh10.1 billion in transactions.
Dubai's main share index followed suit, advancing 0.74 pct to 3,541.6 pts following 5,251 transactions worth Dh520.5 million. — Wam
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