Monday, Aug 13, 2007
BEIRUT (Zawya Dow Jones)-- Kuwait Turkish Evkaf Finance House and Bahrain's Kuwait Finance House have signed a Murabaha financing facility worth $60 million with Von Leissing, a unit of Turkey's Ulker, the Kuwait-based Al Qabas daily reported Monday.
Von Leissing will use the money to fund its expansion plans.
Kuwait's publicly listed KFH owns 100% of KFH-Bahrain and has a 62% stake in KTEFH.
Newspaper Web site: http://www.alqabas.com.kw
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2007 ABQ Zawya Ltd.
(END) Dow Jones Newswires
13-08-07 0625GMT
