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Tuesday, November 10 - 2009

Naseej launches in Bahrain

  • Bahrain: Tuesday, June 24 - 2008 at 10:41

Ithmaar Bank has led a consortium of nine regional institutional investors to launch Naseej, the first fully integrated infrastructure and real estate development company in the Middle East. With an authorized capital of BD2bn ($5.3bn) and paid-up capital of BD300m, Naseej's services will include construction and development, manufacturing & importing building materials, facility management services, real estate consultancy, mortgage services and marketing advisory services.

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