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Omran Al Bahrain
Country: Kingdom of Bahrain
Nature of Investment: Development Company
Year: 2006
Omran Al Bahrain is a 50:50 joint venture company between VCBank and a consortium of Kuwaiti institutional investors led by Al-Tijaria Real Estate Company in Kuwait. The Company primarily seeks to identify potential developments, while building on its strength to be a service provider in a number of areas within the real estate sector including technical advisory and development consultancy.
In addition to the Rainbow Towers Development project in Umm Al Quwain, UAE, the Company has identified a number of other potential real estate projects in Bahrain. During 2008, the Company’s capital was increased to USD 53 million (BD 20 million), to fuel the growth potential of the company. The Company has undertaken investments in a number of strategic plots in the Kingdom of Bahrain for development.
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Country: Kingdom of Bahrain
Nature of Investment: Development Company
Year: 2006
Omran Al Bahrain is a 50:50 joint venture company between VCBank and a consortium of Kuwaiti institutional investors led by Al-Tijaria Real Estate Company in Kuwait. The Company primarily seeks to identify potential developments, while building on its strength to be a service provider in a number of areas within the real estate sector including technical advisory and development consultancy.
In addition to the Rainbow Towers Development project in Umm Al Quwain, UAE, the Company has identified a number of other potential real estate projects in Bahrain. During 2008, the Company’s capital was increased to USD 53 million (BD 20 million), to fuel the growth potential of the company. The Company has undertaken investments in a number of strategic plots in the Kingdom of Bahrain for development.
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