The signing ceremony was held at the Al Baraka Islamic Bank headquarters in Bahrain Bay, in the presence ofTariq Kazim, GM -- Business Group of AIB-Bahrain, and Saleh AlFadhala, chairman of
Kadi Group, along with other prominent officials.
Commenting on the agreement, chairman of
Kadi Group, Saleh Alfadhala, said: "We are highly delighted and proud to start a new venture with AIB Bahrain and we appreciate the bank for approving the property financing for Burj
Kadi to its prospective and existing buyers."
The agreement aims to provide property finance solutions for potential and existing buyers of units in
Kadi's latest residential project, the Burj
Kadi.
The Council also recommended to the Governors of Sokoto, Lagos, Anambra, Ebonyi, Niger, Taraba, Kano, and Jigawa States, eight successful candidates for appointment as Chief Judges and Grand
Kadis for the states.
The consideration proposed to be paid by Borqs for interest in
KADI involves USD 15m in cash and shares distributed over three years.
The board of directors of Borqs sees synergy between
KADI's products and Borqs' existing automobile in-vehicle-infotainment solutions, in terms of sales and distribution, and R and D.
Valued at BD24 million, Burj
Kadi is a 41-storey tower featuring 315 homes including studios as well as one-, two-, three-bedroom apartments and sky villas, available on freehold basis.
El
Kadi explained that there is global interest by Arab and foreign investors in Egypt.
Following his graduation,
Kadi worked with Rabih Kayrouz and was soon after selected to showcase his first collection at Starch Foundation.
As a title sponsor of the third season of Huawei Arab Fashion Week, Huawei set out to elevate the standard for design in the technology landscape and
Kadi's distinctive creations were the ideal choice for this.
Summary: Instagram sensation and fashion blogger Negin Mirsalehi announced over the weekend that she would be the ambassador of Lebanese designer Rami
Kadi for the Style Arabia Awards.