According to Al-Sharq Al-Awsat newspaper (June 25, 2005), the Bahrain Monetary Agency (BMA) issued a permit to launch the first mortgage financing company in Bahrain by a BD 40 million ($106 million) authorized capital and a BD 20 million ($53 million) paid-up capital. The major investors in the new company are the Gulf Investment House (Tameer), Global Investment House and Oasis Real Estate Company. The new company, which will be ...