Friday 29 March 2024
 
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Bank of Kuwait and The Middle East

BKME shareholders okay sharia conversion

Shareholders of Ahli United Bank's (AUB) Kuwaiti unit have approved its planned conversion into a bank compliant with Islamic law, or sharia, the bank said on Tuesday. AUB said in a statement posted to the Bahraini bourse that Bank of

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Abyaar gets $62m loan for property projects

Kuwait's Abyaar Real Estate Development Company said it received KD18 million ($62.48 million) in financing from the Bank of Kuwait and the Middle East (BKME) to help it complete projects. Hesham al-Obaid, Abyar's chairman, 'ex

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BKME readies $111m realty fund for Abyaar

The Bank of Kuwait and The Middle East (BKME) said it has arranged a new KD32 million ($111.4 million) real estate financing facility for Abyaar Real Estate Development Company. This facility follows the success of the KD14 million financi

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BKME readies $111m realty fund for Abyaar

The Bank of Kuwait and The Middle East (BKME) said it has arranged a new KD32 million ($111.4 million) real estate financing facility for Abyaar Real Estate Development Company. This facility follows the success of the KD14 million financi

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