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Dubai Holding pays off $250 million loan
Dubai Holding, a diversified corporation owned by Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum, said it repaid...
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Oct 12th, 2009
Dubai Holding, a diversified corporation owned by Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum, said it repaid a $250 million loan to BNP Paribus on its date of maturity.
The news comes a week after the conglomerate reportedly paid off a $300 million loan used by its property subsidiary, Sama Dubai, to fund real estate projects.
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