$32m fillip for Diyar Al Muharraq’s Dragon City

Diyar Al Muharraq yesterday announced the signing of a corporate agreement for the part financing of Dragon City development to the amount of $32 million with Al Salam Bank.

Chairman of Diyar Al Muharraq, Abdulhakeem Alkhayyat and Director and Group Chief Executive Officer of Al Salam Bank-Bahrain, Yousif Abdulla Taqi signed the deal at a ceremony held at Dragon Mall in Dragon City, on Thursday in the presence of several other officials.

In attendance at the signing ceremony from Al Salam Bank were Group Deputy CEO-Banking Dr. Anwar Al Sadah, Head of Corporate Banking Arif Mohammed Janahi, Head of Retail Banking Group Abdulkarim Turki and Head of Private Banking Anwar Mohammed Murad. From Diyar Al Muharraq were Managing Director Aaref Hejres and Chief Executive Officer of Diyar Al Muharraq, Dr. Maher Al Shaer, in addition to high-level officials from both sides.