Oman Arab Bank, Muriya in pact to provide home loans |
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MUSCAT -- Oman Arab Bank (OAB)Oman Arab Bank (OAB)
has signed an agreement with Muriya Tourism Development Company to provide Al Dar Housing Loans for the 'Jebel Sifah' and 'Salalah Beach' projects. OABOAB and Muriya's customers can now avail of loans and easily own a property at these prestigious integrated tourism complexes. The agreement was signed by Abdul Kader Askalan, CEO on behalf of Oman Arab BankOman Arab Bank, and Cyril Piaia, CEO, Muriya Tourism Development Company.
Speaking on the occasion of the signing ceremony, Askalan said: "The Sultanate of Oman is making rapid strides forward in developing integrated tourism complexes. We are making it easy for customers to own properties by providing finance through Al Dar Housing Loans.
"The signing of the agreement with Muriya Tourism Develop-ment Company will help in the further growth of the real estate sector in Oman".
Rashad Al Shaikh, head of Retail Marketing & Business Development, Oman Arab BankOman Arab Bank, said: "At OABOAB, we understand our customer's needs. Providing Al Dar Housing Loans is just a part of our ever-increasing products and services, developed for customer convenience and satisfaction."
On behalf of Muriya Tourism Development Company, Piaia stated: "Our tie-up with OABOAB is yet another step to offer quality facilities to our customers, by providing attractive financial opportunities. We aim to promote tourism in Oman and encourage investment in the real estate market."
'Jebel Sifah', comprising high-end villas and apartments, are located at a scenic destination fringed by sandy white beaches with a backdrop of the majestic Hajjar mountain range, about 45km from Muscat.
Set on 6.2 million square metres, it will be home to four five star hotels, and two marina boutique hotels, 18-hole PGA golf course, retail shops and up to 200 berth marina and marina town.
The 'Salalah Beach' is located 20km from Salalah airport. Spread over an area of 15.6 million square metres; it will offer a diversity of luxury properties, 200 berth marina and marina town, four world class hotels, retail shops and an 18 hole-PGA golf course.
Both Omani nationals and expatriates alike can now avail of the Al Dar Housing Loans at any branch of Oman Arab BankOman Arab Bank.
These housing loans offer customers the opportunity to fulfil their dreams of buying or building their own home.
has signed an agreement with Muriya Tourism Development Company to provide Al Dar Housing Loans for the 'Jebel Sifah' and 'Salalah Beach' projects. OABOAB and Muriya's customers can now avail of loans and easily own a property at these prestigious integrated tourism complexes. The agreement was signed by Abdul Kader Askalan, CEO on behalf of Oman Arab BankOman Arab Bank, and Cyril Piaia, CEO, Muriya Tourism Development Company. Speaking on the occasion of the signing ceremony, Askalan said: "The Sultanate of Oman is making rapid strides forward in developing integrated tourism complexes. We are making it easy for customers to own properties by providing finance through Al Dar Housing Loans.
"The signing of the agreement with Muriya Tourism Develop-ment Company will help in the further growth of the real estate sector in Oman".
Rashad Al Shaikh, head of Retail Marketing & Business Development, Oman Arab BankOman Arab Bank
, said: "At OABOAB, we understand our customer's needs. Providing Al Dar Housing Loans is just a part of our ever-increasing products and services, developed for customer convenience and satisfaction." On behalf of Muriya Tourism Development Company, Piaia stated: "Our tie-up with OABOAB
is yet another step to offer quality facilities to our customers, by providing attractive financial opportunities. We aim to promote tourism in Oman and encourage investment in the real estate market." 'Jebel Sifah', comprising high-end villas and apartments, are located at a scenic destination fringed by sandy white beaches with a backdrop of the majestic Hajjar mountain range, about 45km from Muscat.
Set on 6.2 million square metres, it will be home to four five star hotels, and two marina boutique hotels, 18-hole PGA golf course, retail shops and up to 200 berth marina and marina town.
The 'Salalah Beach' is located 20km from Salalah airport. Spread over an area of 15.6 million square metres; it will offer a diversity of luxury properties, 200 berth marina and marina town, four world class hotels, retail shops and an 18 hole-PGA golf course.
Both Omani nationals and expatriates alike can now avail of the Al Dar Housing Loans at any branch of Oman Arab BankOman Arab Bank
. These housing loans offer customers the opportunity to fulfil their dreams of buying or building their own home.
© Times of Oman 2008
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