Dubal Signs Further $200Mn In Loans For KestrelProject
Dubai Aluminium(Dubal) has signed two more bilateral loans with AbuDhabi Commercial Bank and National Bank of Abu Dhabi, each worth Dh368mn($100mn), to help finance the Kestrel expansion project, which will increaseoutput at the company痴 Jebel Ali smelter to 710,000tons/year by 2006 at a total cost of $900mn. The two loans bring the totalfinancing raised so far to $725mn. Loans have already been signed with...
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