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Al Arrayed and Abdulrahman at the signing ceremony.

Edamah makes grand Gulf Property Show debut

DUBAI, January 22, 2019

Bahrain Real Estate Investment Company (Edamah) is making its debut at Gulf Property Show 2019 - the boutique showcase for the real estate and property development sectors in the Northern Gulf region - in style as the show's strategic sponsors.

A premium real estate industry event, Gulf Property Show 2019, will be held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain from April 23 to 25 at the Bahrain International Exhibition Centre,  said the event organiser Hilal Conferences and Exhibitions (HCE).

Edamah, the real estate arm of the country’s sovereign wealth fund (Mumtalakat) said it has implemented a strategy in line with Bahrain’s Economic Vision 2030 to enhance the national economy through developments that serve locals and are investments to attract investors and tourists to the kingdom.

On its debut show, CEO Amin Al Arrayed said: "Edamah's vision and mission is to promote our portfolio of real estate assets in line with our founding principles of quality, efficiency and sustainability. Our debut at Bahrain’s leading property event provides the opportunity for investors and citizen to see the diverse and dynamic contribution of Edamah to the real estate landscape of the kingdom."

Al Arrayed pointed out that Edamah will be showcasing a selection of its main projects such as the recently completed building, The Terminal in Adliya, the Sa’ada public waterfront project in Muharraq, Salmaniya Hospital Car Park, and the Bilaj Al Jazayer public beach.

"The Bilaj Al Jazayer beach development is an exciting venture for Bahrain as an island tourist destination. The beach development will offer high quality public beaches with pedestrian walkways and a leisure outlet for retail and F&B," he stated.

The Sa’ada project has been designed to be a fully accessible public waterfront development with shaded terraces enhanced by convenient parking, he added.

Several of the buildings will be leased to house a variety of outlets for food and beverage, kiosks, open event spaces and a multi-storey carpark that will be linked by a pedestrian bridge to the Muharraq Souq, creating a family atmosphere to  explore and enjoy the culture and values of the Muharraq area.  

Welcoming Edamah's participation, HCE Managing Director Jubran Abdulrahman said: "We are honoured to have Edamah’s debut at Gulf Property Show as strategic sponsors. Their projects are a statement of the company’s dedication to serving the Bahrain community and contributing to the kingdom’s growing popularity  as the tourist and investment destination in the GCC."

The Gulf Property Show also carries with it the strategic organisational support of the Real Estate Regulatory Authority of Bahrain (Rera), Survey and Land Regulatory Bureau (SLRB) Urban Planning and Development Authority of Bahrain, and Bahrain Property Developers Association (BaPDA).-TradeArabia News Service




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