CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Milaha unit gets $95m financing from QIIB

Published: 26 Dec 2012 - 01:16 am | Last Updated: 05 Feb 2022 - 01:33 pm

DOHA: Milaha Maritime and Logistics, a subsidiary of Milaha, secured financing “Ijara” of $95m from Qatar International Islamic Bank (QIIB). The funds will be used for meeting the needs of the company’s container transportation business. The financing agreement was signed by Sheikh Ali bin Jassim Al Thani, Chairman & Managing Director of Milaha and  Abdul Baset Ahmad Al Shibi, Chief Executive Officer of International Islamic, a Qatar Exchange filing said.

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