'Mubadala' Seeks Finance for Sowwah Square Project

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Al Hamra Village

AED 270,000 - Ras Al Khaimah

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Published: 10/02/2010

Abu Dhabi developers Mubadala will be asking for a $1.2 billion finance loan from banks in order to afford the development of the Sowwah Square project (as pictured) on Sowwah Island, Abu Dhabi. Upon completion of the project, the island will be home to the Abu Dhabi Securities Exchange HQ, a number of office buildings and a pair of luxury hotels.

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