Financing deal signed for second phase of Khazaen Economic City

Financing deal signed for second phase of Khazaen Economic City

Muscat – Following the success of the first phase of the Khazaen Economic City, ahli islamic, the Islamic banking window of Ahlibank, has signed a financing agreement for the development of the second phase of Khazaen Economic City. Located in Barka, the heart of the sultanate’s most populous district, Khazaen is a city brimming with […]Muscat – Following the success of the first phase of the Khazaen Economic City, ahli islamic, the Islamic banking window of Ahlibank, has signed a financing agreement for the development of the second phase of Khazaen Economic City.

Located in Barka, the heart of the sultanate’s most populous district, Khazaen is a city brimming with commercial activity. It is growing at an exceptional rate, standing as Oman’s premier economic development zone. As an innovative player taking a transformative leap, ahli islamic showcased its expertise in financing a project of such scale, ushering in a new age of sustainable development and economic prosperity.

In a press statement, Zainab al Lawati, AGM – Head of Corporate Banking at ahli islamic, said, “At ahli islamic, our pride is demonstrated in our innovation, as we drive the progress of the community and the Omani people. Through such projects, we aim to