30 October 2016

The Commercial Real Estate Development Company (Al-Tijaria) signed on as the Diamond Sponsor for The Bahrain International Property Exhibition 2016 which will be held from November 3rd-5th under the patronage of His Highness Sheikh Khaled Bin Abdullah Al Khalifa , Deputy Prime Minister.

BIPEX is an annual event that brings together major Bahraini real estate investors, development companies, financial institutions, legal institutions and consumers to showcase projects, reach and discuss and make decisions in an open environment. It’s organized by Bahrain Society of Engineers (BSE), and continues to grow as a direct result of increased investment projects among public and private sectors of the economy, the organizers say.

During the 3-day event, Al-Tijaria will be exhibiting Al-Tijaria Tower, the highest residential tower in Bahrain. The official launch of this state-of-the-art property will take place prior to the exhibition and will be showcased along with their other upcoming major projects in the Kingdom. Located in the heart of Manama, Al-Tijaria Tower features 280 units and has numerous luxury facilities for residents, including a swimming pool for adults with Jacuzzi, a swimming pool for kids with a playing ground as well as an infinity pool with Jacuzzi.

The tower has been designed to combine both comfort and work, thus it accommodates a business center, multi-purpose room and an outdoor theater. Tenants can also pursue their most desired healthy-lifestyle in Al Tijaria Tower which also houses a basketball court, a volleyball field and a tennis area. 

Al Tijaria is 100 per cent owned by the Kuwait-based the Commercial Real Estate Company, K.P.S.C, also known as (Al-Tijaria) which was founded on February 4th of 1968 and been in business for over 44 years now. Al-Tijaria is considered one of the largest real estate companies in Kuwait with regards to paid up capital. It is a multi-faceted organization with their main work directed towards commercial property investment in the state of Kuwait and the Gulf regions.

The company’s completed projects include Symphony Style Hotel Kuwait, Thatcher Residential Complex, and Symphony Style Mall. Current ongoing projects include Dine Zone Restaurants.

Commenting on sponsoring the event, Al Tijaria Chairman Mr. Abdulfatah M. R. Marafie “We are pleased to be on board with BIPEX as Diamond sponsors. It provides us and others, in this field, the apt platform to interface with prospective investors. We welcome everyone to the Al-Tijaria exhibit stand at BIPEX and learn more about our ongoing and upcoming projects in the Kingdom of Bahrain and the region. Al-Tijaria Tower model will be on display, and is sure to catch the interest of many. We shall be glad to provide visitors with relevant information regarding our projects.

Speaking on behalf of the Bipex 2016, Mr. Mohammed Khalil Alsayed, Chairman of the Bipex Organizing Committee added “We would like to extend a warm welcome to Al Tijaria as our Diamond Sponsor for Bipex 2016. With their support, we believe that we are exceptionally well-placed to launch BIPEX 2016 in its new edition in November of this year, and we are confident of recording an impressive line-up of developers and a value of projects exhibited and indeed transactions recorded that will surpasses that of BIPEX 2015. We will make every effort to support our Sponsors and Exhibitors and to create an environment in which they can achieve their highest level of excellence.”

In last year’s BIPEX event, the exhibition highlighted real estate assets worth $60 billion, a significant rise from $52 billion in its previous edition. The 2015 show attracted more than 7,000 unique visitors of whom 24% traveled from outside of Bahrain.

For more information:
Action Bahrain office +97317234553
Fatema Ebrahim
+97339740002
fatema.e@actionprgroup.com

Sharlin Roy
+973 33635594
Sharlin.r@actionprgroup.com

© Press Release 2016