Diyar Al Muharraq (a leading urban developer in Bahrain) announced the signing of a Financing Agreement with Kuwait Finance House-Bahrain (KFH-Bahrain) to facilitate buying plots and villas.
The MOU signing took place between Diyar Al Muharraq CEO Dr. Maher Al Shaer and KFH-Bahrain’s MD and CEO Mr. Khalid Rafea, along with Mr. Subah Al Zayani, Deputy Head of Retail Banking Group at KFH-Bahrain.
Dr. Al Shaer said: “[T]o be able to partner with a financial institution that is as distinguished as KFH-Bahrain is an immense benefit to both us as a Company and to those who wish their properties to be financed.”
“Upon completion, Al Bareh is poised to make a substantial impact on Diyar Al Muharraq . . . . To have KFH-Bahrain, which is at the forefront of the Banking and Finance Industry in the Kingdom of Bahrain, finance the sale of its properties, guarantees delivery on the promise of success that it holds.”
Diyar Al Muharraq is a unique master planned city that offers a cohesive mix of residential and commercial properties. It aims to create a long term and sophisticated township in Bahrain.