Doha Bank has completed a KD 25 Million (QR 312 Million approx.) project finance deal with Kuwaiti infrastructure developer Kharafi National, the bank said.
Doha Bank Chief Executive Officer Dr. R Seetharaman said, “Doha Bank is committed to supporting business community in Kuwait. We see the potential to further grow our relationship with Kharafi National in terms of cross-selling our financial products and support their long term financial needs.” Kharafi National develops projects in water, wastewater treatment and reclamation, district cooling, solid waste management and enhanced oil recovery.
It is also a contractor and facilities management service provider to the petroleum, chemicals, power, water and commercial sectors in the Middle East and Africa.
Source : Qatar News Agency
