Wednesday 28 January 2015

Blom Saudi fund nets solid returns

Blominvest Saudi Arabia, the investment arm of Blom Bank Group in the kingdom , has announced the liquidation of its real estate fund with a 14.44 per cent total return. BlomInvest Saudi has managed, in no more than seven months,


Blominvest Saudi awards $127m housing contract

Saudi Blominvest, a part of Lebanese banking group Blom, has signed up leading developer Maskan Arabia for the construction of the first three phases of its upcoming SR475 million ($127 million) residential project in Riyadh. These phas


Blominvest seals Saudi housing deal

Blominvest Saudi Arabia said it has secured a SR290 million ($77.3 million) loan in line with its plan to build 400 housing units in capital Riyadh in collaboration with leading developer Maskan Arabia. Blominvest is the investment arm of

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