MANAMA: Bahrain-based Gulf Finance House (GFH) confirmed the signing of agreements with Gulf Holding Company and Al-Rajhi Bank for providing financing towards the completion of Villamar Project and restructuring of the existing Sukuk facility.
GFH was responding to a statement published in the local press attributed to Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister, with regard to Villamar Project and assured the shareholders that details of the term of the agreement were not disclosed due to confidentiality and at this stage no further details can be disclosed.