Dubai-based ARY Group has signed a Tri Party agreement between Management Consultants, Sirajuddin Cassim and First Standard Investment Bank Pakistan for a five-year term finance facility of $25 million for ARY Aurum Plus.
ARY Aurum Plus is an art gold and jewelry refining and production complex located in the Dubai Metals and Commodities Center.
The ARY Group, a family owned business, was established in 1970. The facilities of ARY Aurum Plus will consist of a gold refinery with a capacity of over 100 tons per year. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
