(MENAFN) Waha Land, a UAE-based firm, has distributed a USD116 million financing package to Emirates Islamic Bank for its new industrial project.
In detail, the finance will help the company's project, called Almarkaz light industrial real estate project, to maintain leasing of existing facilities.
Furthermore, it will add an additional 187,000 sq m of premium industrial and logistics facilities and will also include retail and commercial amenities.
Moreover, the financing package will also fund building a 92,500 sq m of industrial, logistics facilities as well as retail and commercial amenities.
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