Friday 22 June 2018

GFH 'targets majority stake in Khaleeji Commercial'

Bahrain's Gulf Finance House (GFH) plans to up its stake in Khaleeji Commercial Bank (KCB) to gain majority ownership, its chairman was quoted as saying by a television channel on Thursday. Ahmed Al-Mutawa said in an interview


KCB opens new branch in Bahrain

Khaleeji Commercial Bank (KCB) has opened its fifth branch of its Bahrain network at Muharraq. "We are delighted to open our new branch in Muharraq which is the fifth amongst the branch network as part of our strategic plans to expand our


Bank launches $430m India fund

Khaleeji Commercial Bank (KCB) has launched a fund with a target capital of $430 million to invest in India. The fund, to be managed under the name the Global Logistix Navi Mumbai Investment Company, will aid the development of India’s fir


Bank to set up $2bn building materials firm

Khaleeji Commercial Bank is to establish a building materials company to serve the construction wholesale and retail markets in the Gulf, Middle East and North Africa (Mena). The new company, which will be called Binaa, is expected to have

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