Property brief: Tamouh receives Mashreq funding

Abu Dhabi-based real estate developer Tamouh Investments has signed a working capital facility with Mashreq Bank, ensuring sufficient cash flow for Tamouh's working capital requirements.

"Mashreq has a deep understanding of market dynamics and capital requirements of real estate developers," said Joe Ong. Tamouh's Managing Director. "Having an additional strong financier on board will further drive our enthusiasm to continue construction activity across our developments in Abu Dhabi."


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