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‘Big shortage’ in GCC housing supplyAffordable housing is an extremely relevant issue to the GCC countries as there is a huge mismatch between demand and supply, said an expert. R Lakshmanan, chief executive officer of Bahrain-based Sakana Holistic Housing Solutions, a leadi More… |
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Sakana plans $106m capital hikeBahrain-based Sakana Holistic Housing Solutions, the innovative Islamic mortgage finance provider, is planning to increase its paid-up capital to BD40 million ($106 million) from BD20 million. Shareholders approved in principle to increase More… |
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60pc projects in Gulf 'shelved amid credit crisis'Nearly 60 per cent of construction projects in the Gulf have been postponed or shelved as a result of the global credit crunch, it has emerged. Sakana Holistic Housing Solutions chief executive officer R Lakshmanan said global confidence w More… |
