VOL. XLII
No. 28
12-July-1999
UAE
Al-Thuraya Signs $600Mn Loan With International Consortium
The Abu-Dhabi based Al-Thuraya Telecommunications Companyannounced on 6 July that it had signed a loan agreement for $600mn with aconsortium of international banks to finance a satellite mobile system which isscheduled to begin operating in September 2000 (MEES, 27 April). Theconsortium comprises ANZ Banking Group ($200mn), Societe Generale ($200mn), theUAE痴 Union National Bank ($100mn), and Abu Dhabi...
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