Friday 19 December 2014
 
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Al Mazaya

Al Mazaya awards key project contract

Kuwait-based Al Mazaya Holding Company has awarded a BD2.2 million ($5.8 million) contract to KMC Bahrain for the construction of its industrial warehousing facility in the kingdom. The upcoming Mazaya Logistics' industrial wa

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Majaal to showcase key services at Gulf Industry Fair

Majaal Warehouse Company plans to showcase its expansion from space to services at the Gulf Industry Fair (GIF) 2014, which starts on Tuesday, said its top official. The company is a subsidiary of First Bahrain Real Estate Develop

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Majaal to showcase key services at Gulf Industry Fair

Majaal Warehouse Company plans to showcase its expansion from space to services at the Gulf Industry Fair (GIF) 2014, which starts on Tuesday, said its top official. The company is a subsidiary of First Bahrain Real Estate Develop

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Majaal in deal for $20m industrial facility

Bahraini firm Majaal has signed an agreement with Kuwait's Al Mazaya Holding to oversee the development and leasing of a new $20 million industrial facility at the Bahrain Investment Wharf (BIW). To be located at the Bahrain I

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Mazaya cancels First Dubai full takeover plans

Kuwait's Al Mazaya Holding said on Monday it will not go ahead with a full takeover plan of its First Dubai Real Estate Development subsidiary. Mazaya, which now owns 67 per cent of First Dubai, said the benefit from buying the remaini

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Al Mazaya eyes full takeover of First Dubai

Kuwait's Al Mazaya Holding is considering buying the remaining 33-per cent share in its First Dubai Real Estate Development subsidiary and has hired a consultant to help it decide on a fair price. "Al Shall Consulting will do a full analys

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Mazaya begins delivery of Icon Tower units

Al Mazaya Holding, the region's leading real estate company, has maintained its commitment to its clients by handing over 800 residential units at the Icon 1 and Icon 2 projects, located at Lake Jumeriah, to their owners. As the Dubai

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Inflation 'driving expat workers away'

Inflationary pressures in the GCC have increased the cost of building materials and forced skilled and unskilled workers to leave the region thus resulting in a labour shortage, said a real estate expert. This inturn has fuelled

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Mazaya unveils big Bahrain plans

Al Mazaya Holding plans to launch Bahrain Mazaya next year as part of its expansion plans. This was announced at the Kuwait-based company's general assembly. The meeting approved a proposal to raise capital to KD45.4 million ($17

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Investor eyes 20pc Al Mazaya stake

Regional property developer Al Mazaya Holding has received an offer from a strategic investor, who is seeking to acquire a 20 per cent stake in the firm. The offer is one of several others the Kuwait-based company, which has a capital of

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