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FINANCIAL NEWS
An agreement for the operation and management of Hawar Islands
28 Jul 2013
(MENAFN) A deal was signed between The Southern Area Development Company (SADC) and VK Universal Property Management Company that allows the latter to operate and manage the Hawar Islands’ hotel facilities in Bahrain, reported Gulf Daily News.
The tourism sector in the gulf kingdom experienced a 26 percent increase in the past year, and this project is expected to help further expand this important sector.
“As the investment arm of Bahrain, we actively support the growth of the kingdom’s burgeoning tourism sector,” said Mahmood Al Kooheji, chief executive of Mumtalakat Holding Company, joint owner of SADC.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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