Qatar Islamic Bank (QIB) signed a QR149m worth Istissna' Contract for the financing of the Al Jazeera Tower, a 500 hotel-residential flats project located in the West Bay area.
With completion scheduled for August 2006, the tower will comprise two basements, a ground floor and 36 typical floors, a QIB news release said.
The design of the project was executed by MZ & Partners Bureau.
