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Saturday, May 25, 2024

Launch Partners

Sustainable city Yiti signs MoU with Sohar Islamic Bank to offer escrow services to buyers of upcoming residential units

OMAN: The sustainable city Yiti has signed an MoU with Sohar Islamic Bank to open an escrow account for the newly launched master planned project in Muscat, a statement confirmed. The sustainable city can now offer escrow services to the buyers of its upcoming 1657 residential units. The MoU was signed in abidance to the Sultanate’s Royal Decree No 30/2018, which aims to protect developers’ funds.

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