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Current Stories / 2010 / 2009 / 2008 / 2007 / Majaal / Corporate /

		First Bahrain Highlights 2009 Achievements During The Shareholders Annual General Meeting Manama, 26 May 2010: First Bahrain, an innovative Kuwaiti real estate development Company, today held its annual general meeting at the company’s head office in Al Khaleej Tower – Kuwait City to review and highlight the company’s main achievements during 2009. (Read More)

		Young Arab Leaders program helps Bahrainis take step to success Manama, 30 June, 2009: The Young Arab Leaders (YAL) Steps to Success workshop, which runs from 30 June until 1st July at the University of Bahrain, was today addressed by Amin Al Arrayed, General Manager of First Bahrain, an innovative regional real estate developer. Other key note speakers scheduled for the event which is being attended by a select group of Bahraini students, include Ahmed Al Banna, Chief People Officer of Gulf Air and Abdulhakeem Alkhayyat, CEO of KFH-Bahrain and Bassim Al Alawi Managing Director of Al Alawi Factories. (Read More)

		First Bahrain announces new Senior Projects Manager Manama, 17 June, 2009: First Bahrain, an innovative regional real estate developer, is pleased to announce the appointment of Yasser Abu-Lughod as Senior Projects Manager. This appointment reinforces First Bahrain’s commitment to building a professional workforce to support its continued growth. (Read More)

		First Bahrain announces positive financial results for 2008 Kuwait City, 4th May, 2009: First Bahrain, an innovative regional real estate developer with headquarters in Kuwait, today announced the release of the company’s 2008 financial results at their Annual General Meeting (AGM) held on 4th May 2009. The 2008 figures, audited by Ernst & Young, showed positive results of KD 2.6 million net profits, despite the turbulent economic conditions. In addition, Sharia auditors Al Mashora & Al Raya for Islamic Financial Consulting affirmed that the company performed its duties towards the execution of contracts and transactions in 2008 in accordance with the provisions of Islamic Sharia (Read More)

		First Bahrain appoints Protiviti for risk consultancy and quality management Manama, March 15th, 2009: First Bahrain, an innovative regional real estate developer, today announced the appointment of Protiviti’s member firm for the Middle East region as its internal auditors. Protiviti is the world’s leading internal audit and business consulting firm composed of experts specializing in risk, advisory and transaction services. The move to appoint Protiviti comes as part of First Bahrain’s proactive approach to risk management and quality control, measures that have resulted in the company maintaining strong financial performance despite the global economic downturn. (Read More)

		First Bahrain Supports Information Centre at Shaikh Ebrahim bin Mohammed Al Khalifa Centre for Culture and Research Manama, 15 February 2009 – First Bahrain Real Estate Development Co. (First Bahrain), an innovative real estate developer focused on demand driven projects, today announced its official sponsorship of the Information Centre in the Shaikh Ebrahim bin Mohammed Al Khalifa Centre for Culture and Research in Muharraq. The support is part of First Bahrain’s wider strategy to preserve and build on the Kingdom’s architectural and cultural history. (Read More)

		First Bahrain Announces Impressive Financial Results for 2007 Manama, 24 April 2008: First Bahrain, a rising star among the region’s real estate firms, today announced the release of the company’s performance for 2007 ahead of their AGM. The 2007 figures released on behalf of the Board of Directors record a net profit of KD 4.85 million, a 29% improvement on the company’s performance in 2006. (Read More)

		First Bahrain Announces Joint Opening of Bahrain and Kuwait Offices Manama, 27th January- First Bahrain Real Estate Development Co.(First Bahrain) - a leading regional real estate developer with a paid up capital of USD 106,800,000 - today announced the joint openings of its two new offices in Bahrain and Kuwait. (Read More)

		First Bahrain Signs Strategic Agreement with Kanoo Information Technology Manama, 12th January 08: First Bahrain Real Estate Development, a leading real estate developer with a paid up capital of USD 106,800,000, has signed a strategic partnership agreement with Kanoo Information Technology (Kanoo IT) to implement an information technology solution which will significantly enhance First Bahrain’s business operations and controls. (Read More)