Economic stability has begun to impact on residential rents, by stabilising rates and encouraging tenants to turn their attention to higher quality schemes in Bahrain, according to new analysis by Cluttons.
A new report from the i
Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has repaid $25 million to debt holders marking total debt principal payments of $33 million so far this year.
In a statement to the Bahrain Bourse, the bank said this repr
Abu Dhabi-based Insurance House (IH) has posted a net profit of Dh4.21 million ($1.14 million) during the half year ended June 30.
Its underwriting profit for the period was lower at Dh3.61 million compared to
Turkey's Kuveyt Turk, owned by Kuwait Finance House, mandated banks for a sukuk issue, bankers told Reuters on Tuesday.
The bank has mandated KFH Investment as global coordinator and Citi, Emirates NBD Capi
Abu Dhabi-based Finance House (FH) has launched its Value House (VH) website, an initiative offering all FH credit card holders special benefits, offers and deals from a selected array of vendors and merchants.
Bahrain Parliament's financial and economic affairs committee decided to credit an extra BD60 million ($157.4 million) to the state budget to help reconstruct 2,000 dilapidated housing units, said a report in the Gulf Daily News (GDN), our
Dubai-based engineering and construction group Arabtec is in discussion with the Egyptian government to set up a new joint real estate company for the development of the previously announced one million residential units in the country, said a
UAE-based Finance House (FH) has secured an approval from the Central Bank of the UAE and the Securities and Commodities Authority (SCA) for a share buyback programme of up to 10 per cent of its paid up capital.
Kuwait Finance House (KFH) has announced the successful completion of an ICT project to upgrade its existing banking system.
The system will offer integrated shari’a compliant financial services to the real estate industry,