Published: December 7, 2014
Qatari bank signs US$86mn package with Kuwaiti developer Kharafi National.
Kharafi National, a Kuwaiti infrastructure project developer active in the Middle East and Africa, has sealed a new funding deal with Qatar's Doha Bank.
Doha Bank has lent the company KWD25mn (US$86mn) in a project-financing package. In a statement announcing the deal, R. Seetharaman, Doha Bank's CEO, said: “Doha Bank is committed to supporting the wider business community in Kuwait.”