Qatar, Bahrain establish new JV

menafn.com     Jul 9, 2008            

A delegation led by the Chairman of the Bahrain Chamber of Commerce and Industry will attend the signing ceremony for the establishment of the Qatar-Bahrain Takaful Insurance Company, Gulf Daily News reported. The joint venture will have a paid-up capital of $66.5 million and a stake of 60 percent of the entity's shares will be subscribed in both countries. The headquarters of the new insurance firm will be based in Qatar, however, no plans to open a branch in Bahrain were... [read full story]                    


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