SHBD definition

SHBD means the Sahl Hasheesh Bay Development Company, a joint-stock company, incorporated under the Guarantor’s Law No. 230 of 1989;

Examples of SHBD in a sentence

  • The Borrower shall exercise its rights and discharge its responsibilities under arrangements it has concluded with Private Investors for purposes of Parts B and C of the Project, including the ASD Loan Agreement and the SHBD Loan Agreement, in such manner as to protect the interests of the Borrower and the Bank and to achieve the objectives of the Project.