Tuesday 3 May 2016
 
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Villamar

$650m Villamar construction work to restart in Q2

Construction work at the $650-million Villamar project at the Bahrain Financial Harbour in central Manama is expected to restart during the current quarter, said a top official of the Bahrain-based GFH Financial Group (GFH).  

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Gulf Holding Company names new CEO

Kuwait-based Gulf Holding Company (GHC), the developer of the Villamar project, has appointed Majed Al Khan as the new chief executive officer and also the head of the development. Khan joins GHC with more than 15 years of experie

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Villamar restructuring deal signed; work restarts

Gulf Holding Company (GHC), developer of the Villamar project in Bahrain, has signed restructuring agreements with support from Al Rajhi Bank (original majority financiers of the project), GFH (the project’s new financiers) and Al Hamad Co

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Bahrain developers in bid to complete project

Gulf Holding Company, the owners of a major multi-use complex, and Al Hamad Construction and Development have signed an agreement towards resuming the construction work on a commercial complex with a target to complete in 18 months. “We ar

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Bahrain plans hotel at $450m location

Bahrain’s councillors have given a conditional go-ahead to build a four or five-star hotel at the BD170 million ($450 million) Villamar development in the Bahrain Financial Harbour. However, Kuwait-based real estate developers Gulf Holding

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Villamar completes 'topping out' of tower

Kuwait-based Gulf Holding Company (GHC) has completed the 'Topping Out' of Tower B, at its Villamar @ the Harbour project located in Bahrain Financial Harbour, with the work proceeding on the other structural works needed to complete the t

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Aconex solutions for $650m Villamar

Gulf Holding Company has selected Aconex to provide its online information management solution to the $650 million Villamar at the Harbour development at Bahrain Financial Harbour. Aconex provides a web-based platform for managing project

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