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Muscat Capital became the Financial Adviser for Saudi Company

MusactAbdul Mohsen al Muhaisen Sons Holding Company has took , the investment banking subsidiary of in as its financial adviser. The company has lately signed an agreement with the Ministry of Health, King Fahad Medical City in order to develop, design, finance and commission Saudi Particle Centre (SPC) project- a proton therapy centre for treatment of cancer patients.

Abdul Razak Ali Issa said: “We are pleased to be appointed as the financial adviser of Abdul Mohsen al Muhaisen Sons Holding Company and the Saudi Particle Centre (SPC) project. Bank Muscat is committed to offering all facilities to ensure the success of the health project. The new financial advisory mandate strengthens the bank’s track record of successful transactions amidst challenging market conditions. We are grateful to Abdul Mohsen al Muhaisen Sons Holding Company for placing their confidence in us. We would also like to thank the Ministry of Health for their guidance and support”.

He added “Bank Muscat is one of the few GCC, based banks which is in a position to provide customers and counterparts pan-GCC coverage. We are confident that the skills and the extended franchise of Bank Muscat in Saudi Arabia will enable us to continue our successful run as the number one team in the region”. The Muscat Capital will be responsible for preparation of financial model for the project to ensure model key financing options, and preparation of a financing strategy for successful fund- raising and identifying potential lenders (local, regional, international), negotiation and execution of financing agreements.

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