First Bahrain Real Estate Development Company has signed an escrow agreement with Kuwait Finance House Bahrain (KFH-B) for its El Mercado Village residential villas for sale project in Janabiya. The escrow agreement is the first such agreement concluded by KFH-B, who are very pleased to announce that they have added this new service to their product line.
El Mercado Janabiya developers, First Bahrain Real Estate Development Co., have signed on as the Gold Sponsors of the Gulf Property Show 2017.
Gulf Property Show, the boutique showcase for the real estate and property development sectors based in the Northern Gulf, is held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa. The Gulf Property Show will take place from the 9 – 11 May 2017 at the Bahrain International Exhibition and Convention Centre.
In a ceremony held last night under the patronage of the Minister of Commerce, Industry and Tourism, H.E. Mr. Zayed R. Alzayani along with Governor Mr. Ali Al-Asfoor of the Northern Governate, First Bahrain officially announced the opening of their neighbourhood market, El Mercado Janabiya.
First Bahrain Real Estate Development Co. today announced the appointment of Impact Interiors W.L.L. to refine the interior design of their new residential project, El Mercado Village. Impact Interiors joins a select group of consulting professionals including Sanad Engineering and HAJ for Quantity Surveying, each of whom are contributing to the project from their areas of specialty.
First Bahrain Real Estate Development Company announced today the appointment of Decorators to construct the 42 villas of the new El Mercado Village in Janabiya. The development is adjacent to the new El Mercado neighbourhood retail centre.
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.
We are pleased to announce that the Annual General Meeting of the shareholders for the year ended 31 December 2015 has been scheduled to take place on Wednesday, 18 May 2016.
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.
