Exchange rates

EURAED

Delayed 17:29:07 2024-05-31 EDT			5-day change	1st Jan Change
3.983 ^AED	+0.15%		+0.31%	-1.71%

05-31	Egypt's net foreign assets deficit contracts $586 mln in April	RE
05-31	Fujairah Cement Industries to Relocate Head Office	MT

Dar Global agrees loan facility with Emirates

May 30, 2023 at 04:56 pm

Dar Global PLC - luxury international real estate developer - Announces that its UAE-based wholly owned subsidiary has signed an AED750 million, around USD204 million, secured term loan facility with Emirates NBD. Envisages using proceeds from the facility for future asset acquisitions and general corporate purposes as the group continues to build its international portfolio of luxury second home and leisure developments in desirable locations across Europe and the Middle East.

Current stock price: 3.66 pence, closing down 2.40% in London on Tuesday

12-month change: up 1.7%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
EURO / UNITED ARAB EMIRATES DIRHAM	3.983 AED	+0.15%	+0.31%	-
DAR GLOBAL PLC	3.73 USD	-.--%	+0.27%	671M
US DOLLAR / UNITED ARAB EMIRATES DIRHAM	3.673 AED	0.00%	0.00%	-

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