First Bahrain, an innovative regional real estate developer, announced today it has repaid in full a US $ 1.5 million loan to Kuwait Finance House (KFH). Maintaining its solid liquidity, the company repaid on the maturity date the three year term loan issued by KFH in 2008 to provide the initial funding for First Bahrain’s flagship project Majaal, an SME-focused warehousing facility.
Amin Al Arrayed, General Manager of First Bahrain and Managing Director of Majaal Warehouse Co. was interviewed live on global business news channel CNBC as part of the Capital Connection morning business review. (Watch The Video)
Amin Al Arrayed, General Manager of First Bahrain and Managing Director of Majaal Warehouse Co. was interviewed by global business news channel CNBC as part of the lead story in the October episode of “Gateway to the Middle East,” its regular regional feature hosted by presenter Maria Ramos. (Watch The Video)
First Bahrain, an innovative Kuwaiti real estate development Company, today held its annual general meeting at the company’s head office in Al Khaleej Tower – Kuwait City to review and highlight the company’s main achievements during 2009.
