Friday 22 June 2018
Building Materials Company

Building firm's $100m sukuk a success

The $100 million sukuk for the Building Materials Company has been successfully settled and paid for in full on its maturity date on October 18. This was announced by Kuwait Finance House (KFH), Liquidity Management Centre, Gulf Internatio


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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