ahlibank signs agreement with Al Adrak Contracting & Trading

ahlibank signs agreement with Al Adrak Contracting & Trading

Muscat: Aiming to Provide financial solutions to help clients achieve the goal of owning a decent home that offers peace of mind and ensures their family’s future, ahlibank has announced the signing of a new agreement with Al Adrak Contracting and Trading Company to provide attractive mortgage loans for customers aspiring to buy properties at the exclusive Hai Al Naseem Housing Project in Barka. Described as an ‘Urban Oasis,’ the prime property is a pilot initiative under the government’s ‘The Affordable Housing Project.’

The Memorandum of Understanding was signed by Mr. Muneer Al Balushi, AGM - Head of Retail Distribution, ahlibank, and by Mr. Joseph Thampan – General Manager, Commercial and Mr. Mahmood Masoud Al Ghafri – Director of HR & Administration from Al Adrak Contracting and Trading Company, at a formal ceremony held in the presence of officials from both parties.

Speaking on the sidelines of the signing ceremony, Mr. Muneer called it a decisive step in its endeavors to collaborate with the government in achieving national development goals. “This significant agreement is a huge affirmation of our commitment to uphold government initiatives and partner with relevant authorities to achieve the objectives of Oman’s Vision 2040, which has social well-being as