“Flex” Buys Property from Al Ahlia for KD 10 Million Flex Real Estate Development Company declared the conclusion of an “Investment and Residential Properties Purchase Contract” with Al Ahlia Real Estate Projects Company. The real estate property is located in Lagoon City, in the Kheiran area. Full Story   Pacific Controls HQ building wins prestigious Digie Award Pacific Controls announced that its HQ Building was awarded the Digie Award for the Digital Real Estate - Extreme Office Building - International, category at Realcomm 2007 on 4th June at Boston, USA. Full Story   ASTECO kicks off sales for Bab Al Bahr Spectrum Consultants announced that ASTECO, the exclusive sales agents has officially commenced the sales of the residential apartments at Bab Al Bahr, offering investors freehold ownership opportunities for the AED 1.2 billion luxury resort being developed by Rakeen on the Al Marjan Island in Ras Al Khaimah. Full Story   Abu Dhabi Investment House launch Porta Reef Investment Fund Abu Dhabi Investment House, the leading financial institution in the Middle East, today announced the launch of Porta Reef Investment Fund. Full Story   Booming real estate spurs bank lending MANAMA: A booming real estate sector and a surge in personal mortgages has boosted bank lending in Bahrain in the last year, according to the latest monthly data issued by the Central Bank of Bahrain (CBB)... Full Story   ADIH fund for Porta Reef The Abu Dhabi Investment House has launched the Porta Reef Investment Fund which will invest in the Porta Reef project at Bahrain's Reef Island development. Porta Reef will be located in the southern... Full Story