has more than 100,000 sqm of fully serviced office space spread over two office towers of 52 floors, he added.
He brings to the BFH
a wealth of international and regional experience.
However, as there are clear signs of a recovery on the horizon, we expect more developers who had purchased plots at BFH
will start to actually shift into implementation mode of their plans, which had been on hold for quite a while.
Al Moataz, who assumes the reins from former managing director Dr Omar Al Mardi, said BFH
is the acknowledged business hub of Bahrain, and one of the most preferred business addresses in the Gulf.
The $3 billion landmark BFH
is in the midst of a significant new wave of development, with work underway on the $32 million Commercial West Car Park development, a 5,400 sq m facility which will provide 1,260 parking spaces for tenants and visitors and also include rooftop restaurants offering panoramic views of the capital.
Subsequently, in return for donating the same land parcel to BFH
, he was given a 50 per cent share in the
Plan was developed to meet a need, expressed by employers, for a local health plan that would offer a high quality, broad-based provider network at competitive prices.
As a multi-use complex, BFH
embraces ten separate developments providing office accommodation, commercial developments, residential apartments, a planned resort hotel, and also includes cultural and retail facilities.
Financial is one of the Middle East and North Africa's most prominent investment banks.
On the same note, and with the aim of maximizing BFH
shareholders' value, the group decided to perform an internal restructuring exercise whereby it will be spinning off certain non-earning assets from BFH
the listed entity.
Genetic studies have linked BFH
to a mutation in the patched (PTCH) gene on chromosome band 9q23.
The joint venture company, to be known as Emcor Facilities Services, will provide the full range of facilities and property management services, to the BFH
development, including all estate management and customer support services including Operations and Maintenance, asset and property management and integrated system solutions.