A services deal Majaal Warehouse Company recently signed with a Kuwaiti company is generating significant market interest and two additional parties are now in active negotiations to reach similar agreements, says Managing Director Amin Al Arrayed. Majaal, founded in Bahrain in 2008, develops and operates SME-focused industrial facilities, on its own behalf and now also on behalf of third parties.
The leading provider of industrial facilities for Small to Medium-sized Enterprises (SME’s), Majaal Warehouse Co. (“Majaal”), today announced the appointment of 3BL Associates Consultancy W.L.L. (3BL) as Corporate Sustainability Consultant for its industrial facilities projects. The engagement will result in key recommendations to improve Majaal’s operational efficiency through a corporate sustainability framework.
Further establishing their reputation as the leading provider of industrial facilities for Small to Medium-sized Enterprises (SME’s), Majaal Warehouse Co., announced today the opening of a new line of business as it signed an agreement with Al Mazaya Holding Co. of Kuwait to oversee the development and leasing of their new USD 20 million industrial facility to be located at the Bahrain Investment Wharf. The new project represents Foreign Direct Investment in Bahrain and is a strong vote of confidence in the economic recovery and growth presently underway.
Majaal Warehouse Company, a developer and operator of industrial facilities, has signed a key sponsorship agreement with Hilal Conferences and Exhibitions (HCE) to participate at Gulf Industry Fair (GIF) 2014 in February.
In a recent interview with Marcopolis, First Bahrain General Manager and Majaal Managing Director Amin Al Arrayed discusses the SME sector of Bahrain’s economy and how Majaal has been developed with this target market in mind.