Bahrain venture capital firm invested in a furniture manufacturing firm

Venture Capital Fund, the SME investment fund of Venture Capital Bank Bahrain, has invested in Dar Alwasmi Company, a Bahrain custom furniture manufacturer.

Dar Alwasmi Company provide high quality handmade furniture, such as bedrooms, dining rooms and office furniture. According to the firm, the Woodwork and Furniture Industry in the GCC, in size, rivals most international markets. Studies show that imports of furniture and décor are increasing every year.

Established in the Kingdom of Bahrain in 2005, VCBank operates under an Islamic investment banking licence from the Central Bank of Bahrain and has an authorized capital of $500 million.

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