Abu Dhabi's TDIC raises USD500m loan facility| MENAFN.COM

Wednesday, 10 August 2022 09:29 GMT

Abu Dhabi's TDIC raises USD500m loan facility

(MENAFN) Abu Dhabi-owned Tourism Development & Investment Co. (TDIC) has raised a USD500 million loan to pay its debt, Arabian Business reported. The USD500 million loan was obtained from seven banks, bankers with knowledge of the matter said. TDIC is building the local branches of the Louvre and Guggenheim museums in Abu Dhabi, the Zayed National Museum and a New York University campus.

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