KARACHI – Eighteen (Elite Estates Pvt. Limited) and HabibIslamic have signed a Memorandum of Understanding (MoU). The MoU was signed byTarek Hamdy – CEO Eighteen (Elite Estates Pvt. Limited.) and Muhammad Afaq Khan– Head Islamic Banking HBL.
Eighteen and HBL have entered into a strategic partnershipto provide the potential buyers of Eighteen the best house financing facilitythrough HBL Islamic Housing Finance. This partnership is in line withEighteen’s strategic goals to break down barriers of red tape and to facilitateits clients by offering ways to avail financing for housing units. Thepartnership will be showcased through regular promotions of Eighteen and HBL’sShariah Compliant products.
Eighteen is an exclusive jointreal estate venture of Egypt-based Ora Developers, and Saif Group and KohistanBuilders (KBD) of Pakistan. Located just 10 minutes from the New IslamabadInternational Airport, the grand project occupies a focal place in the twincities.
With an aim to connect sophistication with convenience, Eighteen turnsyour dream of a lavish lifestyle into reality. HBL being the largest Bank in Pakistan will offer itswidespread outreach & network within Pakistan as well as internationally tocreate awareness and increase possibilities of attracting foreign investment inthe country through the clientele of Eighteen.
