Qatar International Islamic Bank has signed an agreement with Tabarak Group to finance the purchase of residential units consisting of villas and apartments in Tabarak Residential City in Cairo and other areas in Egypt.
Jamal Abdullah Al Jamal, Assistant General Manager, Personal Banking Services of Qatar International Islamic Bank and Ali Abdel Latif, Chairman of the Board of Tabarak Group signed the agreement.
According to the Peninsula, Jamal said the financing covers tourist residential units to be paid within a period of 96 months for Qatari nationals and 72 months for expatriates and a 10 per cent down-payment.
