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Young Arab Leaders program helps Bahrainis take step to success

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.

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First Bahrain announces new Senior Projects Manager

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.

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First Bahrain announces positive financial results for 2008

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

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First Bahrain appoints Protiviti for risk consultancy and quality management

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.

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First Bahrain Supports Information Centre at Shaikh Ebrahim bin Mohammed Al Khalifa Centre for Culture and Research

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.