Jul 05 2011 |
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KFH Bahrain Plans To Launch Soon Local JVs With Intl Investors -Report
Tuesday, Jul 05, 2011
BEIRUT (Zawya Dow Jones)-- Kuwait Finance House Bahrain , or KFH Bahrain , plans to launch new projects soon that will be joint ventures with investors from outside the Arab region, Manama-based Al Wasat reports Tuesday citing an executive.
These projects, which will be implemented in Bahrain, will be launched before the end of the current year or by mid-2012, Abdulhakim Al Khayyat, the bank's chief executive, said according to the paper.
The projects will be in different sectors including trade, industry, and commercial promotion, and will also involve the creation of new companies and factories, he told Al Wasat.
Newspaper website: http://www.alwasatnews.com/3223/news/read/570887/1.html
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
05-07-11 0616GMT
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