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Tilal plans to raise OMR53m via sukuk

Published: 16/11/2012 05:26:16 PM GMT
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Muscat: Tilal Development Company, the Sultanate's leading real estate company that has been credited with the inception of the ground breaking (more)

Muscat: Tilal Development Company, the Sultanate's leading real estate company that has been credited with the inception of the ground breaking Muscat Grand Mall project, announced its intention to raise RO53 million by way of Islamic debt instrument or sukuk, which will be the first such issue in Oman in order to put into motion plans for expansion of the complex that houses Muscat Grand Mall.

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