𝐘𝐢𝐭𝐢 𝐏𝐥𝐚𝐳𝐚 𝐒𝐞𝐜𝐮𝐫𝐞𝐬 𝐎𝐌𝐑 𝟑𝟖.𝟓 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠

Sustainable Development and Investment Company (SDIC) and the International Finance Corporation (IFC) have signed an OMR 38.5 million (US$100 million) financing agreement to support completion of the Plaza District at The Sustainable City – Yiti. The project forms part of a large mixed-use development east of Muscat, featuring residential, commercial and office spaces alongside sustainability-focused infrastructure. IFC’s financing is structured as an eight-year Islamic Finance Murabaha facility, including a two-year capital grace period, and will support the completion of the Plaza District.