The contract to build the US$250 million (BD95 million) Abraj Al Lulu development has been awarded to Al-Hamad Construction & Development Company by Pearl Development and Real Estate Company. The 200,000 square feet project in a prime location in Bahrain has received a huge response from investors, with 40% of the project already sold. Abraj Al Lulu has recently made agreements with the Bank of Bahrain and Kuwait, Shamel Bank and Bahrain Saudi Bank for Islamic home finance and mortgage....