Friday 29 March 2024
 
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Capivest

KFH-Bahrain closes 3-way Islamic bank merger

Kuwait Finance House-Bahrain (KFH-Bahrain) has announced the closing of the first ever merger between three Bahrain-based Islamic banks, Elaf Bank, Capital Management House and Capivest. The merger created a strengthened financial

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Bahrain banks announce giant merger

Three leading Bahrain-based Islamic banks Capivest, Elaf Bank and Capital Management House have won approval from its shareholders to create a banking giant which will have shareholders’ equity of almost $350 million and assets in e

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Capivest takes naseej stake in $30m deal

Bahrain-based Capivest, an Islamic investment bank, has concluded a deal to take a 9 per cent stake in Naseej, a fully-integrated real estate and infrastructure development company. The deal, with Cemena Holding Company, is part of a

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Capivest, Olive sign key services deal

Bahrain-based Islamic investment bank Capivest and facilities management firm Olive VFM signed a services agreement which will provide holistic services to Capivest’s high-end residential project Saar Central. According to the deal, Olive

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Bahrain asks 5 Islamic banks to merge

Bahrain's central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks' capital bases, a senior official said on Sunday. Under the plan, Al Salam Bank would merge with Bahrain Islamic Bank,

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KFH-Bahrain, Capivest ink financing deal

Kuwait Finance House-Bahrain (KFH-Bahrain) has signed an agreement with Saar Central, a premier real estate project of top Islamic bank Capivest, to provide a home financing scheme to their potential home purchasers. The shari’a compliant

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KFH-Bahrain, Capivest ink financing deal

Kuwait Finance House-Bahrain (KFH-Bahrain) has signed an agreement with Saar Central, a premier real estate project of top Islamic bank Capivest, to provide a home financing scheme to their potential home purchasers. The shari’a compliant

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Saar Central villas get power connection

Bahrain-based Capivest said the testing and commissioning of all the villas has been completed at Saar Central, its premier real estate project in the Kingdom. Saar Central is managed by Sakan Development Company, a real estate firm e

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Saar Central showcased at Saudi expo

The recently completed Saar Central development, Capivest’s premier real estate project in Bahrain, is participating at the 7th Real Estate & Housing Exhibition (Estatex) 2010 in Dhahran. The event, which opened today at the Dhahran In

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Capivest names sales agent for Saar villa project

Capivest, the Bahrain-based Islamic investment bank, and Apex Properties, the promoter for Saar Central’s luxury villas, have appointed Grnata Group as the official sales agent for the Saar Central project. “I am pleased that the sale of S

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