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Tadhamon set to open Harbour HQ

Manama, October 19, 2009

Bahrain's newest Islamic investment company, Tadhamon Capital, will officially launch its new corporate GCC headquarters today (October 19).

The company, fully-owned by Yemeni shareholders, will open doors to greater two-way investments between GCC and other Mena countries and Yemen, said chief executive Waleed Rashdan.

The offices will be inaugurated at the Bahrain Financial Harbour and the launch will be attended by key figures in the Bahraini, Yemeni and regional Islamic investment banking industry.

It will take place under the patronage of Central Bank of Bahrain Governor Rasheed Al Maraj.

Rashdan said the company is equipped and ready to provide its clients with a complete and diverse range of Sharia-compliant products and services across asset management, real estate, private equity, treasury and wealth management.

'We have built a high-calibre team of specialists and invested significantly in cutting edge technology solutions.'

He said although global financial markets have witnessed turbulent times, there are now a lot of opportunities for discerning investors.

'Tadhamon will aim to help its clients and shareholders to successfully harness those opportunities.'

Tadhamon Capital is a 100 per cent owned subsidiary of Tadhamon International Islamic Bank, the largest bank in Yemen, which is majority owned by Yemeni conglomerate Hayel Saeed Anam and Company, with Qatar Islamic Bank also as a prominent shareholder.-TradeArabia News Service




Tags: banking | investment | Bahrain Financial Harbour | Tadhamon Capital |

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