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ALARGAN TOWELL Offers Premium Scheme  for Beyout AlFaye’ Villas

Muscat, Oman— April 2011

ALARGAN TOWELL Investment Company announced its latest financing scheme for buyers who wish to own a house in its mixed-use development, Beyout AlFaye, located in Al Khoudh. The Company offersflexible monthly installments where buyers will pay 0% interest (subject to certain conditions) for the first two years on the housing loans from Ahli Bank, Bank Muscat and National Bank of Oman.

General Manager of ALARGAN TOWELL Investment Company, Ali Hassan Moosa said, “Our partnership with Ahli Bank ,Bank Muscat and National Bank of Oman is the Company’s initiative in facilitating financing solutions and ease of payments to Omani nationals, where monthly installments can start from as low as RO 125 per month, a first of its kind precedent in the real estate market.”

The handover of the first phase of residential units will begin in the third quarter of this year, totaling 48 villas of which more than 25% have already been sold. In addition, construction is underway and has reached more than 90% completion. Beyout AlFaye is a mixed-use development in Al Khoudh which consists of 126 villas, as well as a retail component and a park to serve the residents of the project and the surrounding areas. The villas include 3-5 bedrooms with an average plot size of 300m2, and a built-up area of between 255-139m2, featuring six distinctive layout designs. The project enjoys excellent access to road networks and is adjacent to Al Khoudh Souq. Well-known establishments like SQM, KOM, MOD, City Center and Sultan Center are also close to the project as well.

ALARGAN TOWELL Investment Company is well-known for its continued success in providing housing solutions to middle-income Omani families. With this unique offering, the Company has indeed raised the bar in servicing its clients and offering ease of payment, unmatched quality and convenience.

 
 
 
Alargan Towell Investment Co. Best Developer by ICG

Alargan Towell has won the award of Best Developer in Oman for the year 2006 by the Islamic conference Group (ICG).
 
 
Al Argan signed MOU with Bank Muscat

Bank Muscat signed a memorandom of understanding with the Al Argan Towell Company Investment
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Real Estate exhibition opens

Muscat real estate developers and housing insurance consultants, investment companies, and resort groups are showcasing their products and services at the International Property and Investment Exhinition that opened at the Oman International exhibition Centre, Seeb.
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Al Argan Towell Investment Co. wins CNBC's prize

Al Argan Towell Investment Company has pulled off an appreciable achievement in the field of real estate in the Sultanate by winning the prize of the best architectural design for the project of Al Qurum Gardens.
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Al Argan wins CNBC design award

Muscat Al Argan Towell Investment Company has won the prestigious CNBC Best Design award for designing Qurum Gardens Project, beating competition from 56 Arab developers.
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