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Land owned by Bahrain’s Gosi worth $1.8bn

MANAMA, January 17, 2016

The overall market value of unconstructed land owned by Bahrain’s General Organisation for Social Insurance (Gosi) now tops BD696.8 million ($1.83 billion) and the book value stands at BD243 million ($645.35 million), with a net capital gain of BD453.8 million ($1.2 billion), a report said.

Figures dating back to end of 2014 show the book value of Gosi-owned real estate and properties stand at BD21.9 million ($58.16 million), compared with a market value of BD35.4 million ($94 million), reported the Gulf Daily News, our sister publication.

To read further, please visit GDNonline.


 




Tags: Bahrain | GOSI |

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