First Bahrain Real Estate Development Company today held its Annual General Meeting (AGM) for the year ended 31 December 2016, in which the company announced a net profit of USD 2.7 million, representing annual growth of 148% over the USD 1.1 million reported in the year prior.
Majaal Warehouse Company, Bahrain’s operator of Industrial Facilities will lead the Industrial Facilities Sector at Gulf Industry Fair 2017 (GIF). Gulf Industry Fair, the Northern Gulf’s leading annual industrial expo takes place from the 7-9 February 2017 at the Bahrain International Exhibition and Convention Centre under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain.
Work is in progress on the El Mercado Village, a residential complex consisting of 42 homes that boast Spanish-inspired arachitechture that will complement the adjacent new El Mercado Retail centre.
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.
