Braun, a P&G company brand and a major world electrical goods manufacturer, drew on Monday the winners of its recent in-store promotion who will join celebrity Chef Osama El-Sayed at an exclusive dinner in Jeddah. The draw took place at the Hyper Danube at Serafi Mega Mall in Jeddah under the supervision of the chamber of commerce in Jeddah. Twenty lucky couples will be attending an exclusive dinner in the presence of the celebrity chef. It will also allow them the opportunity to see first hand how the celebrity chef develops healthy, convenient and versatile cooking with the new Braun Multiquick Complete. The final draw winners were: Rania Obaid Al-Katheeri; Othman Mohammad Abu Hasan; Mahmoud Salem; Dalia Mahmoud Ahmad; Aida Nour Al-Deen; AlSayed Saeed; Ali Aseeri; Ghofran Khalid Al-Saada; Sidki Al-Rifaii Faheed; Rasheed Omar Al-Nahdi; Abdullah Misfer Al-Shamranni; Saleh Ahmad Mohammad Abbas; Hosam Dsouki; Layla Mohammad Salah; Hamada Al-Sayed; Lida Ibrahim; Aseer Al-Aziz Aseel Allah; Mohammad Ameen Halawani; Saleh Baothman; and Marwan Omar Bashmakh.
Sakana
Sakana Holistic Housing Solutions is introducing a first in Bahrain mortgage market with its fix-flexi rate mortgage. The result is more consumer choice and the reassurance of pre-determined installments to allow better monthly budgeting. If consumers believe there is a chance that market finance rates may increase, homebuyers can lock into the current rate for two years with guaranteed fixed repayments. In addition, at the end of the two-year fixed rate agreement, the option exists to choose between a variable and another fixed rate if available at that time. Sakana’s offer is available on a “first come, first served” basis for a limited period on residential properties for Bahrain residents, whether nationals and expatriates, on several of Sakana’s products — land purchase, home purchase, home refinancing and equity release. R. Lakshmanan, Sakana’s CEO, said: “Sakana is committed to delivering innovative solutions to property buyers, and we consider ourselves as a catalyst for change. We know that for many people, a mortgage is the biggest single financial commitment they will ever make, so we have introduced a product which is tried and tested in more established mortgage markets to give our customers added reassurance.”
BHG Expansion
In view to the huge expansion and development in the medical care services provided by Dr. Bakhsh Hospitals Group in the holy cities of Makkah and Jeddah, the Group has signed a contract to upgrade and modernize its information technology base and unify the computer systems as well. Chairman of the Board Dr. Bakhsh signed a maintenance contract with DMS for the IT systems for this purpose with Dr. Majdy Kamal Khairullah, director, board of DMS and chief of the Egyptian Chamber of Telecommunication Industry, along with some senior administrators of DMS. The new computer systems will be implemented in the next six months, Bakhsh said.
Budget Stock Trading
The Shariah Commission has authorized the trading of the International United Transportation Company (Budget) stock. The Commission for Corporate Review issued its fatwa allowing the trading of the stock. Abdul-Elah Abdullah Zahed, company chairman pledged all company activities and dealings are always Shariah compliant. The recent IPO launched by the company achieved total revenues of SR.895 million.
