Waleed Al Khaja (right) with Amin Al Arrayed, general manager
New chairman for First Bahrain Real Estate
Manama, May 18, 2014
First Bahrain Real Estate Development Company today appointed distinguished Bahraini businessman Waleed Ahmed Al Khaja as its new chairman for a term of three years.
The appointment demonstrates the shareholders' focus on Bahrain and their clear optimism with regards to the local property market, said the real estate developer.
Al Khaja brings to First Bahrain a wealth of experience, knowledge and professionalism in the investment business sector.
First Bahrain Real Estate Development Company is an innovative regional real estate developer established in Kuwait in October 2004. Dedicated to achieving economically, socially and environmentally sustainable returns through collaborative relationships, First Bahrain creates enduring value for all stakeholders with a demand-driven investment approach, said a statement.
Operating out of Bahrain and Kuwait, First Bahrain is strategically positioned to execute projects across the GCC, in accordance with the principles of Sharia, it said. - TradeArabia News Service