Diyar Al Muharraq, one of the leading urban developers in the Kingdom of Bahrain, announced the signing of a corporate Referral Agreement with Arab Bank PLC – Bahrain.

The agreement was signed at Diyar Al Muharraq headquarters at the Bahrain World Trade Centre in Manama by Dr. Maher Al Shaer, the Chief Executive Officer of Diyar Al Muharraq, and Mr. Mohammed Assem, the General Manager of Arab Bank Bahrain Branch, in the presence of officials from both sides.

The Agreement is a high-level collaboration between two of the most illustrious organizations in their respective sectors through which the parties will promote Diyar Al Muharraq’s myriad offerings to potential buyers in both local and regional markets by referring to each other’s sales leads. Diyar Al Muharraq customers can now easily avail all the different financial services offered by Arab Bank, especially the facilitation of the purchase of properties within the development to eligible local and regional buyers by providing them with personalized financing at competitive rates through its Housing Loan Program.

Speaking on the occasion, Dr. Maher said: “It gives me immense pleasure to announce our collaboration with such a distinguished and pioneering financial institution as Arab Bank, as it exemplifies our efforts to provide our clients with both the best housing services and customer-oriented financial options. We are confident that this alliance, that brings together two entities of equally immeasurable significance and stature, will be greatly beneficial to those looking for ideal housing solutions.”

“Through the Agreement, we aim to combine our diversified offerings with the Bank’s customer-oriented financing solutions to give potential homeowners and families the most economically feasible residential provisions available in the region. And we do not purpose this collaboration to end with its current time-validity, rather aspiring this to be the only the start of a prosperous, productive and driven long term association,” he added.

Diyar Al Muharraq is a unique master planned city for the people of Bahrain offering a range of housing options and quality lifestyle. Diyar Al Muharraq offers a cohesive mix of residential and commercial properties with a strong lineup of projects aimed at creating a long term and sophisticated township.

Arab Bank, based in Amman, Jordan, was established in 1930 and it encompasses the largest network of Arab financial institutions in the world with more than 600 branches across 5 continents. It is one of the most prominent banks in leading markets and financial centers in the world such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain.