Bahrain Real Estate Investment Company (Edamah
) will start work on upgradation of a complex for the Bahraini Women Development Center (Riyadat) in co-ordination with Supreme Council for Women and Bahrain Development Bank (BDB
The aim is to revamp the Riyadat Centre to turn it into a comprehensive one for creativity and innovation in the field of entrepreneurship and help raise the level of competitiveness of Bahraini women in economic participation, said the statement from Edamah.
An agreement was signed by BDB and Edamah in the presence of senior Edamah officials Board Chairman Amine Al Arayadh and Director General Walid Adel, BDB Group CEO Sanjeev Paul, SCW Secretary General Hala Al Ansari and Mayasem Holding Company Board Chairperson Dr Mai bint Suleiman Al Otaibi.
As per the deal, Edamah will oversee the operational and logistic services as a specialised company in the property management field.
Welcoming the move, Al Ansari expressed the council’s keenness, under the presidency of Princess Sabeeka bint Ibrahim Al Khalifa, Wife of His Majesty, to achieve the goals of the new agreement within the framework of joint responsibility.
She also stressed the role of Riyadat centre as an economic incubator, in supporting female entrepreneurs in the kingdom.
Paul, stressed BDB’s keenness to boost partnership with SCW to promote success of Riyadat centre and overcome challenges.
Edamah Director General Walid Adel lauded SWC for its support and care to Riyadat centre, stressing that the company will dedicate all its experience and capabilities to achieve the desired goals.
"Riyadat will be operated as a commercial center that attracts visitors throughout the day through its services, innovative ideas and co-working spaces. It will serve as a place bringing together aspiring people and those interested in creative thinking and professional work," remarked Al Ansari.
"Its commercial outlets will boost its reputation as a development center with activities that meet the needs of the region and attract the public," she added.
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