Manama, Bahrain – 18 May 2016: First Bahrain Real Estate Development Company today held its Annual General Meeting (AGM) for the year ended 31 December 2015, in which the company announced a net profit of USD 1.1 million for the year, representing 56% growth over the prior year.
Manama, Bahrain – 16 May 2016: MBA Fakhro Holding has signed the lease for its first Anytime Fitness gym, to be opened in Bahrain at El Mercado Janabiya, the new and exciting neighbourhood market on Avenue 27 just north of the Saudi Highway. Anytime Fitness is the largest fitness chain in the world with a global network that can be accessed by all of its members, 24 hours a day. This world leading brand will be housed in the relaxed atmosphere of El Mercado’s central courtyard overlooking it’s beautiful landscaping.
MANAMA, BAHRAIN – 26 April 2016: Today at the grand opening of the Gulf Property Show, Kuwait Finance House – Bahrain (KFHB) and First Bahrain Real Estate Development Co. jointly announced a new project finance agreement which will fully fund the construction of the second phase of a USD30 million development in Janabiya.
MANAMA, BAHRAIN – 21 April 2016: First Bahrain Development Company will be introducing the El Mercado village, a residential community of the upscale neighbourhood market El Mercado, to visitors at the Gulf Property Show.
MANAMA, BAHRAIN – 15 March 2016: First Bahrain today announced their participation in Gulf Property Show, 2016. First Bahrain will be showcasing their neighbourhood retail centre El Mercado Janabiya. First Bahrain will also be launching an exciting new development at the show.
MANAMA, BAHRAIN – 09 February 2016: MASGO Ventures and First Bahrain today jointly announced the introduction of a new brand to Bahrain with the first branch of NKD Pizza soon to open at El Mercado – Janabiya.
McDonald’s Bahrain today announced the signing of their lease to open their latest drive-thru location within El Mercado Janabiya, the impressive new neighbourhood market created by First Bahrain Real Estate Development Co. The new McDonald’s branch will be their 20th branch in the Kingdom. It will also be the only drive-thru restaurant on the ground floor of the open-air retail centre which will also feature a mix of restaurants, cafes and shops on a beautifully landscaped elevated platform, offering scenic southern views in a vehicle-free pedestrian environment.