Pursuant to Bahrain’s Financial Trusts Law, in 2009 the director of the Financial Institutions Supervision Directorate of the Central Bank of Bahrain (CBB) authorised the first real estate investment trust (REIT). At the time, the existing collective investment unit (CIU) regulations recognised REITs as an asset class. The director had previously...
Since the beginning of the last decade, Bahrain had been ranked very favourably for investment opportunities, particularly in real estate. However, the impact of global economic recession that hit Bahrain late coupled with sectarian civil unrest left prominent blemishes on Bahrain’s until-recently-clean slate. We saw a serious shortage of funds...
On track with its aim of laying the necessary groundwork for foreign businesses, the emergent tourism industry and progression in living standards, Bahrain is viewed by many as an ever-evolving country. Major infrastructure and industrial projects are being undertaken across the Kingdom. Bahrain Bay, a $2.5bn landmark waterfront community located...
Over the past decade, Turkey has experienced a number of important transitions that have led to demographic, economic and cultural transformation. These changes have made contemporary Turkey a regional focal point
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