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27-Jun-2016

KFH finances construction work on 3,100 home Bahrain project

Kuwait Finance House (KFH) has announced that construction of 3,100 residential units built on a land area of 1.2mn sqm and valued at more than USD730mn has started in a major project it is financing in Bahrain. The project includes a wide range of integrated services, infrastructure, a transport network, mosques, electricity and water, commercial and entertaining facilities, in addition to educational institutions. Construction is expected to be completed by the end of 2017. (Arabian Business)   Kuwait Finance House: KWD0.46 as of 26 June, Rating: Neutral, FV: KWD0.52/share, MCap: USD8,037mn, KFIN KK / KFIN.KW  

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