Oman’s housing ministry, local banks ink deals to finance RO 70 million Tilal Al Nakheel project in Musandam

Oman Signs Partnership and Financing Agreements for "Tilal Al Nakheel" Project in Musandam - SaudiGulf Projects

The Ministry of Housing and Urban Planning, Oman signed 10 partnership and financing agreements between Musandam WCT Development Company – the developer executing “Tilal Al Nakheel” project – and a number of local banks. The agreements aim to provide integrated financing solutions that enable citizens to own housing units and enhance demand stability within integrated residential neighbourhood projects. The agreements include the following banks…

Oman’s housing ministry, local banks ink deals to finance RO 70 million Tilal Al Nakheel project in Musandam

MUSCAT – The agreements aim to provide integrated financing solutions that enable citizens to own housing units and enhance demand stability within integrated residential neighbourhood projects.The agreements include the following banks: Oman Housing Bank, Dhofar Bank and Dhofar Islamic Bank, National Bank of Oman, Nizwa Bank, Oman Arab Bank, in addition to Sohar International and Sohar Islamic.Raed Mohammed Al Shehhi, Chairman of the Board of D…