al khaliji

Doha, 11 October, 2009: al khaliji has celebrated with its key business partner in Qatar, SASCO Group, an award of a two year call off contract worth QAR 250 million by Kahramaa for the supply of 11KV Switchgears. al khaliji Business Banking have previously extended financing to the Group's Trading Divisions.

al khaliji Acting Chief Executive Officer, Mr. Robin McCall said, "we always thrive to celebrate the success of our business partners, part of our commitment to building long-term relationships with them. We have a dedicated team of Business Banking Relationship Managers always looking to support small and medium enterprises with innovative products and solutions. al khaliji takes this opportunity to congratulate SASCO Group, especially ITCC Switchgear division for this milestone achievement".

The celebration took place at al khaliji headquarter in West Bay, in the presence of executives Mr. Abdullah Khalaf M Al Kaabi, Chairman, Mr. James K Chacko, Managing Director, Mr. Sasikumar, Executive Director, Mr. Thomas Kannamkara, Manager Switchgear division, Mr. Thomas Varghese, G.M-Finance, and Mr. Kotesh Katta, Manager-Finance, from SASCO group. SASCO's Managing Director, Mr. James K Chacko said, "We would like to thank al khaliji for the contract financing at competitive terms and also extend our appreciation to the Business Banking team for going the extra mile to meet with our suppliers in Kuwait to help structure the deal to the satisfaction of their bankers. This should enable us to complete the projects on schedule."