Bahrain-based Tharawat Investment House, an Islamic investment house, and International Investment Bank (IIB) have acquired a 49 per cent stake in Saudi Arabia’s Hungry Bunny fast food restaurant chain.
The Hungry Bunny bran
Tharawat Development, a leading Saudi-based diversified business house, has signed a joint venture with Tokyo’s Azbil Corporation to expand the plant life cycle support business in the kingdom.
The affiliate, named Azbil Saudi Arabia Limit
Bahrain-based Islamic investment house Tharawat plans to launch in the third quarter a $50-$60 million private equity fund investing in a Saudi Arabia real estate project, its director said.
A strategic investor has pledged $30 million to
Bahrain-based Islamic investment house Tharawat said it plans to raise $100 million by year-end for a sukuk fund it recently launched to snatch up bargains on the secondary market.
Tharawat chief executive Arif Moh'd Al Alawi also told Reu