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BKME readies $111mln realty fund for Abyaar

Posted on 29 June 2009

From Tradearabia.com: The Bank of Kuwait and The Middle East (BKME) said it has arranged a new KD32 million ($111.4 million) real estate financing facility for Abyaar Real Estate Development Company.

This facility follows the success of the KD14 million financing extended to Abyaar at the beginning of the year and is a landmark deal in the Kuwait financial sector especially in the wake of the global financial crisis, said a BKME official……..Full Article: Source


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