A $1.32 billion deal to buy a 25-percent stake in Bahrain lender Ahli United Bank (AUB) effectively ended on Monday after the bank's Kuwaiti shareholder Tamdeen rejected an unnamed buyer's request for more time.
Tamdeen, a leading project management firm and a member of Tecom Investments, has launched a new division to deliver high quality and timely fit-out management solutions.
Manned by experts from Tamdeen, the new division aims to guide custo
Tecom Investments, a diversified conglomerate, has appointed Badr Al Gergawi as the new chief executive of its member company Tamdeen, which is a specialist firm in technical project management.
“Al Gergawi’s track record at Tamdeen makes
Ahli United Bank, a leading Bahrain-based bank, said a Gulf entity had agreed to buy a 25 per cent Ahli stake from Kuwait's Tamdeen investment firm and other shareholders, sending shares in both firms soaring.
AUB, whose shares have ra
360 Mall, Tamdeen Shopping Centre’s highly innovative shopping centre, has unveiled its new brand identity and corporate website, reflecting the company’s design led approach to introducing modern shopping centre concepts in Kuwait.
Tamdeen Shopping Centres Company, a subsidiary of Tamdeen Real Estate Company, has signed build, operate and transfer (BOT) contracts with Qualitynet, Kuwait’s leading provider of data, Internet and smart building services.
Tamdeen Real Estate Company has revealed a new brand and identity to encompass its wide-ranging subsidiaries under inclusive identity of “Tamdeen”.
The new visual identity is being supported by the slogan “Deliver The Promise” and is indi
Kuwait has bagged the top award for best architecture for its iconic Fahaheel waterfront (Al-Kout) project, developed by Tamdeen Real Estate Company.
The Al-Kout –Fahaheel Waterfront was selected from 13 nominations from nine Arab countri
Investors from Qatar, Egypt and Jordan plan to make an offer for a stake in Bahrain-based Ahli United Bank at $2.5 per share or more, a Kuwaiti newspaper said.
"Major" shareholders in Bahrain's biggest bank could expect at least three offe