Bahrain: New real estate firm announced

Published June 16th, 2005 - 05:38 GMT
Al Bawaba
Al Bawaba

A BD40 million Real Estate Finance Company or REEF has been announced by the founding shareholders, Bahrain Tribune reported.


The new company, with an authorised capital of BD40 million and paid-up capital of BD20 million, will raise 70 per cent capital from select individual investors, institutions, etc.