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The Kingdom-based global investment and asset management group, Investcorp said its full-year profits to June slumped by half when compared to the fiscal 2007, as the global credit crisis hit its deal volumes and investment returns.
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Capivest to set up $1 billion smelter
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MANAMA: Bahrain-based Capivest will set up a $1 billion company that will build the first-of-its kind magnesium smelter meeting international environmental standards in the Middle East and North Africa (MENA) region.
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Investate buys UK property |
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Bahrain-headquartered Investate Realty has announced the acquisition of the 4.5 acre waterfront site Tideway Industrial Estate with an investment of $750 million.
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Oasis Capital to be Launched Soon |
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Manama- A group of Gulf investors have obtained licence from the Central Bank of Bahrain (CBB) to launch a BD200 million investment bank, Oasis Capital, in the Kingdom.
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