Bahrain-based Commercial Real Estate Development Company has appointed Fawaz Ibrahim as its new chief executive.

Ibrahim has more than 17 years of experience in real estate and financial investment, including real estate services, said a report in the Gulf Daily News (GDN), our sister publication.

Company chairman Abdulfatah Marafie said Ibrahim will lead a team with a high level of expertise in real estate investment and services.

The newly-founded company in Bahrain is an arm of Altijaria Kuwait and will be active in managing and developing private properties like apartments and residential complexes. - TradeArabia News Service