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Al Salam Bank, Tadamon close $158m hotel deal

Posted on 04 December 2008

From Tradearabia.com: Al Salam Bank-Bahrain has partnered with Tadamon International Islamic Bank to acquire a leasehold interest in one of the most luxurious residential and commercial towers close to the Holy Mosque in Mecca, in a SR600 million ($158.7 million) deal.

This is the second such deal for Al Salam Bank-Bahrain as it recently announced a similar investment in the same field….. Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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