|26 November, 2019

Khaleeji Commercial Bank arranges $67.8mln loan for Bahrain's Liwan project

Lama Real Estate, listed on the Bahrain Bourse and Dubai Financial Market, is 50% owned by Seef Properties.

Bahrain Financial Harbour (L) and Bahrain World Trade Center are are seen in diplomatic area in Manama, Bahrain, February 28, 2018. Image used for illustrative purpose.

Bahrain Financial Harbour (L) and Bahrain World Trade Center are are seen in diplomatic area in Manama, Bahrain, February 28, 2018. Image used for illustrative purpose.

REUTERS/Hamad I Mohammed

Bahrain’s Lama Real Estate has signed an agreement with Khaleeji Commercial Bank to arrange a loan to finance Lama’s Liwan project.

The BHD 25.5 million ($67.81 million) loan will be arranged in collaboration with Kuwait Finance House – Bahrain, according to a statement released on Tuesday.

Lama Real Estate, listed on the Bahrain Bourse and Dubai Financial Market, is 50% owned by Seef Properties.

Source: Mubasher

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