Dubai
+36°C

High: +37°

Low: +31°

Thu, 31.08.2023
Home BUSINESSDubai’s Union Properties enters into Dh1.2 billion debt settlement with Emirates NBD, Dubailand

Dubai’s Union Properties enters into Dh1.2 billion debt settlement with Emirates NBD, Dubailand

by Press Room


Dubai: Dubai’s listed developer Union Properties PJSC, on Friday, announced a breakthrough in its ‘legacy debt’ restructuring challenges by entering into a settlement with EmiratesNBD and Dubailand for Dh1.25 billion.

Get exclusive content with Gulf News WhatsApp channel

Under the agreement with Dubai’s biggest bank, Union Properties will pay a…



Source link

You may also like