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Dubai's Axiom Telecom borrows Dh1.47b to finance imports
Axiom Telecom LLC, a Dubai-based phone retailer, said it borrowed Dh1.47b ($400 million) to finance imports.
- Bloomberg
- Published: 13:32 June 19, 2008
Dubai: Axiom Telecom LLC, a Dubai-based phone retailer, said it borrowed Dh1.47b ($400 million) to finance imports.
The funding was arranged through Emirates NBD, JPMorgan Chase & Co., and Dubai Islamic Bank , the company said in a statement distributed at a press conference in Dubai.
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