Launch Partners

Thursday, March 28, 2024

Launch Partners

Bank Nizwa extends sustainable financing to Duqm Development Company

OMAN: Bank Nizwa has signed a financing agreement with logistics service provider ASYAD Group to extend a Shariah compliant green financing for the latter’s subsidiary, Duqm Development Company, according to a press release. Notably, the terms of the financing are linked to predefined key performance indicators that encompass various ESG norms.

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