Bahrain-based Inovest Group has sold its 60 per cent ownership stake in Tala Property Development at Amwaj Islands through a share purchase contract with Ossis, for a transaction value of approximately $7.7 million, said a top official.
Rotana, a leading hotel management company in the region, has signed a new agreement with Ossis Property Developers to manage a 311-room luxury property in Bahrain.
Located on the Amwaj Islands, a group of man-
Ossis, the master developer of Amwaj Islands, has appointed truly Middle East for the development of brand communications for the project.
Amwaj Islands is a development of six man-made islands which together offer the perfect balance betw