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Diyar Al Muharraq signs finance deal with Bahrain's Al Salam Bank

MANAMA, June 6, 2021

Diyar Al Muharraq, one of the largest real estate companies in Bahrain, has announced signing a MoU with Al Salam Bank to provide exclusive financing offers to buyers interested in purchasing property in any of the masterplan’s projects, extending to citizens as well as expatriates looking to invest in freehold projects.
 
The MoU outlines the provision of special financing offers from Al Salam Bank on all projects within the Diyar Al Muharraq masterplan, with special emphasis on the Mozoon residential plots project.
 
This partnership comes as part of Diyar Al Muharraq’s ongoing commitment to provide housing solutions to all customer segments, to support their investment goals, whether residential or commercial.
 
"Al Salam Bank has always distinguished itself through the diversity and flexibility of its financing solutions, particularly with its property financing facilities, stated its Deputy CEO of Business Anwar Murad after signing the deal with Engineer Ahmed Ali Alammadi, CEO of Diyar Al Muharraq in the presence of Chairman Dr Maher Al Shaer and other senior officials.
 
"Accordingly, we are pleased to announce our partnership with Diyar Al Muharraq in a mutual effort to support those who are interested in residential and commercial investment, through the provision of competitive profit rates, and flexible financing terms," he added.
 
Engineer Alammadi said: "We are pleased to enter this agreement with Al Salam Bank, which will ultimately enable potential residential and commercial investors to finance their properties in Diyar Al Muharraq with ease."
 
One of the largest integrated cities in the kingdom, Diyar Al Muharraq offers a variety of housing solutions and a luxurious modern lifestyle while persevering the core family values in Bahraini society. 
 
It offers a unique, balanced mix of residential, commercial, recreational, and healthcare facilities, creating a fully integrated and futuristic model city, he stated.
 
"This initiative comes as part of our ongoing commitment to develop the economy of our kingdom, by providing investment solutions that drive growth and development," he added.-TradeArabia News Service



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