Monday, 3 January 2011 at 14:02, Reuters, Abu Dhabi
Abu Dhabi Islamic Bank (Adib) on Monday said it arranged a $32 million Ijara facility for a subsidiary of Waha Capital to acquire upto six offshore supply vessels (OSV).The facility will allow Waha Offshore Marine Services, a subsidiary of Waha Maritime, to expand in the offshore supply vessel sector, a statement from the Islamic lender said.
"This new facility will further facilitate the expansion of our business," Salem Al Noaimi, CEO of Abu Dhabi-listed Waha Capital, said in the statement.
Your comments