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Khaleeji Commercial Bank seals MoU with Dadabhai Development

: Tuesday, May 06 - 2014 @ 18:44

The Bahrain All-Share Index added 0.77 per cent to 1,466.67 points Tuesday, May 6. Khaleeji Commercial Bank (KHCB) finished unchanged at BH0.055. Earlier in the day, the lender revealed that it signed a memorandum of understanding with Dadabhai Development and Properties Company to provide finance for the purchase of Juffair Heights residential project. Under this agreement, customers, both Bahrainis and expatriates, who wish to avail property finance from KHCB, will receive up to 80 per cent financing options for a period of up to 20 years for purchasing property in Juffair Heights. Juffair Heights comprises twin towers of 28 and 29 floors, respectively, and will have a total of 376 one- and two-bedroom apartments.

Gérard Al-Fil

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Tuesday, May 6- 2014 @ 18:44 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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