(MENAFN) A memorandum of understanding was secured between Oman's Special Economic Zone Authority at Duqm (SEZAD) and Bank of Beirut.
Under the agreement, banking operations will be offered while investments in the Special Economic Zone in Duqm (SEZD) will be eased.
This deal was confirmed to have comes as part of SEZAD's hard work to facilitate the process for investors to receive financing for their projects.
In order to achieve such a purpose, SEZAD penned a number of documents with commercials banks along with their Islamic arms.
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