Company in Bahrain

  • Bahrain’s Al Baraka Islamic Bank Gets Approval to Operate in Morocco

    BAHRAIN, 2016/05/12 The Bahrain based leading Islamic banking group, Al Baraka Banking Group, will establish a banking unit in Morocco very any minute at this time, the Islamic lender said in a statement, according to Reuters. Next receiving approval from Morocco’s central bank, Al Baraka Banking Group will invest in the Moroccan Islamic banking sector by launching a new business any minute at this time.

  • Bahrain's Investcorp inks US real estate deals worth $400m

    BAHRAIN, 2015/12/09 Investcorp, the Bahrain-based alternative investment company, has announced that its US real estate arm has acquired a portfolio of office and industrial properties in Atlanta, San Francisco and Boston for about $400 million. The acquisitions are part of Investcorp's strategy to invest in well-occupied properties with healthy cash flows located in major US markets displaying strong economic fundamentals and employment increase, the company said in a statement. Investcorp said it partnered with several local and regional operating partners to acquire the properties. The properties acquired total additional than 5.5 million square feet with an average occupancy rate of approximately 85 %.
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