First Bahrain, an innovative real estate developer, recently announced that Kingdom’s leading exclusive vehicle customizer Freddy’s has signed to move to First Bahrain’s SME-focused warehousing and industrial workspace facility; Majaal. With this move, the first phase of Majaal takes another step towards full occupancy as it continues to expand its community of entrepreneurial, growing companies from the industrial sector.
Amin Al Arrayed, General Manager of First Bahrain, and Managing Director of Majaal spoke at the Cityscape Connect Bahrain Business Breakfast held at the Capital Club, Bahrain this morning, where knowledge was shared between real estate industry professionals on their joint role in lifting the market out of its current recession.
Amin Al Arrayed, General Manager of First Bahrain and Managing Director of Majaal Warehouse Co. was interviewed by global business news channel CNBC as part of the lead story in the October episode of “Gateway to the Middle East,” its regular regional feature hosted by presenter Maria Ramos. (Watch The Video)
Majaal, the first warehousing and logistics company in the Gulf region focused on serving small and medium-sized enterprises (SME), has signed an agreement with Hilal Conferences & Exhibitions (HCE) to be the strategic Logistics Sponsor for the fourth Gulf Industry Fair (GIF) in Bahrain next year.
First Bahrain, an innovative real estate developer, through its inaugural project Majaal, has helped to facilitate the establishment in Bahrain of GULF POLYTEX, a new company formed through foreign direct investment in Bahrain. In choosing to locate its regional manufacturing operations at the Majaal warehousing and logistics complex, GULF POLYTEX satisfied a key government requirement which enabled it to receive its commercial registration and industrial licence. The newly established company will begin operations in Bahrain this month.
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.