Posts Tagged ‘gulf’

Abaad real estate earns $5.5M

A report from the Gulf Daily News says that Abaad Real Estate Company had reported a total revenue of BD2.1 million ($5.5m) in the first year of its operation. The real estate subsidiary of Bahrain Islamic Bank earned a net income of BD 1.5m, representing a return on capital of 14.7 per cent.

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