Dec 15 2011 |
more articles from
|
KFH-Bahrain Launches Tenders For Proj In Diar Al Muharraq - Report
Thursday, Dec 15, 2011
BEIRUT (Zawya Dow Jones)--Kuwait Finance House-Bahrain, or KFH-Bahrain , a fully-owned unit of Kuwait Finance House, is evaluating the offers of 20 contractors for a tender to build 200 residential units in the local Diar Al Muharraq mixed-use real estate development, Manama-based Al Wasat reports Thursday citing an executive.
Once this deal is awarded, KFH-Bahrain will launch within weeks additional tenders as part of a project that involves the construction of 3,000 residential units in Diar Al Muharraq at a total cost of 200 million Bahraini dinars ($530.4 million), Abdulhakeem Alkhayyat, KFH-Bahrain 's managing director and chief executive, said according to the paper.
The Diar Al Muharraq development, covering an area of 4 square kilometers and involving the construction of 33,000 residential units, is a joint venture 51% owned by KFH-Bahrain with the remaining stakes held by Bahraini and other Gulf investors, the daily reports.
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
(END) Dow Jones Newswires
15-12-11 0612GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment