PRESS RELEASE

Eagle Hills Jordan signs agreement

Amman, Jordan – August 17, 2016; Eagle Hills Jordan recently signed an agreement with Bank al Etihad to assist potential and future homebuyers by financing the purchase of residential units at its three projects, including Marsa Zayed’s Al Raha Village, Saraya Aqaba, and The Residences at The St. Regis Amman.

Signed by CEO of Eagle Hills Jordan Alaa Batayneh and CEO of Bank al Etihad Nadia Al Saeed, the agreement features a number of attractive offers for buyers, including financing of up to 90% of property value, a minimum interest rate of 6.5%, and a loan period of up to 30 years.

Commenting on the occasion, Batayneh said: “As we near the expected delivery date of our projects, we are actively seeking out partnerships with local banks in order to offer our customers the most seamless and hassle-free experience during the initial phases of property ownership. Together with Bank al Etihad, we will now be able to extend the lifestyle on offer at our developments to more people than ever, giving them the ability to become part of our exclusive communities with as few financial obstacles as possible.”

In turn, Al Saeed stated: “At Bank al Etihad, we aim to help our clients attain the funding necessary for them to fulfil their future goals and secure a better life for themselves and their families. Therefore, we are delighted to be partnering with Eagle Hills Jordan, as this step underscores our ongoing efforts to satisfy our clients’ needs and cover their financing requirements. By offering them banking benefits with highly competitive rates and flexible financing and loan tenures, we are able to support our clients in achieving their dreams, so that we may always remain their bright choice.”

As the expected 2017 delivery date for the company’s projects in Amman and Aqaba comes closer, Eagle Hills Jordan has focused all its efforts on progress, officially opening on-site sales centres and residential mock-up units at both Al Raha Village and Saraya Aqaba. By increasing recognition of its projects and remaining involved in the local community, Eagle Hills Jordan continues to provide visible proof of its commitment to its projects and the development of Jordan as a whole.