Bahrain may soon become a regional exports hub for jewellery. It is planning a strategic partnership with Thailand to manufacture and market jewellery lines for the global market.
Exports, pegged at $1.3 billion over the first thr
Corporate hybrids appear to be in vogue in the Gulf after Emirati schools operator Gems Education last week followed Saudi Arabia's Almarai and the UAE's Majid Al Futtaim in issuing bonds that also receive equity treatment.
Bahrain-based PineBridge Investments Middle East (PBME), a global multi-asset class investment manager, has acquired a UAE-based school campus operated by global education services provider GEMS Education in a sale and lease-back transaction.
GEMS Education, a Dubai-based schools operator, is seeking to raise about $500 million from a debut sale of hybrid Islamic bonds to finance its expansion plans, according to three sources aware of the matter.
The company, which em
GEMS Education, a Dubai-based schools operator, is seeking to raise about $500 million to fund growth by selling a stake of up to 20 percent in the privately owned company, its chairman said on Monday.
GEMS, which employs about 11
Dubai Sports City has partnered with Dubai-based GEMS Education in the operation of Bradenton Preparatory Academy (BPA) with effect from September.
BPA will join the group of GEMS International Schools around the world, as a GEMS
Bahrain Chamber of Commerce and Industry (BCCI) have joined hands with Tamkeen to help representatives of 11 Bahrain jewellery firms take part in JCK Las Vegas, one of the industry's premier shows in the US.
Abu Dhabi-based Baniyas Investment and Development Company (BIDC) has signed an agreement with GEMS Education, a leading UAE-based private school operator, to develop an international school at its upcoming Baniyas City in Abu Dhabi.
More than 450 jewellers from across the globe are showcasing their best jewellery designs and products at the 33rd edition of "MidEast Watch & Jewellery Show" being held in Sharjah.
The expo was opened by Sheikh Khal