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Muttawar Omani inks OR20m deal to finance Lamar Bausher project

: Monday, March 03 - 2014 @ 01:23

Muttawar Omani Co has signed an agreement with Al Hilal Islamic Banking Services to provide project finance of more than OR20m for the construction of their high-end mixed-use Lamar Bausher project, Times of Oman has reported. The development will comprise more than 357 apartments across eight floors and will include one- two- and three-bedroom apartments. The agreement “will make residential property ownership more accessible, with maximum flexibility and buying options for our customers. Our goal is to provide affordable and convenient home-financing plans through its Al Hilal Islamic banking services,” said general manager – head of Al Hilal Islamic Banking Services, Abdullah Al Jabri.

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Monday, March 3- 2014 @ 1:23 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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