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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...

October 12, 2009 3:46 by



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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