Media Centre:
Press Release
Global Information Giant Reuters Group at Bahrain Financial Harbour
o Signs Agreement with Bahrain Financial Harbour for space uptake in the 53 storey Harbour Towers
o The opening ceremony of the Financial Centre at BFH is scheduled for May 2,2007
Manama, Bahrain, 23 April 2007: Bahrain Financial Harbour Holding Company (BFHHC) today announced that Reuters Group, the leading global information company, has committed to an uptake of space in the Harbour Towers. The 53 storey Harbour Towers, apart from being Bahrain’s tallest towers also form a key component of the Financial Centre. Founded in London in 1851, Reuters is a global information company providing indispensable information tailored for professionals in the financial services, media and corporate markets. Its information is trusted and drives decision making across the globe. It has a reputation for speed, accuracy and freedom from bias. Commenting on the agreement with the Reuters Group, Mr. Stephen Rothel, Chief Executive Officer, BFHHC, said: “It gives me great pleasure in welcoming the Reuters Group, which has been known to set benchmarks across the global information dissemination sector. Already having partnered with many leading financial sector and retail companies, the agreement with this global giant is yet another significant step forward that further corroborates the benefits of partnering with BFH for growth. Furthermore, the announcement gains additional significance as it comes at a stage when the overall work at The Financial Centre has been almost completed and the opening ceremony of the Financial Centre at BFH is scheduled for May 2, 2007 " Commenting on partnering with BFH, Mr. Ashraf Ali, Business Representative, Reuters, said: “At Reuters, our goal is to be the information company our customers value most, by offering indispensable content, innovative trading services and great customer service. We believe that this can be achieved by providing the finest work environment to our employees which will result in optimal productivity and client service. Although Reuters is best known as the world's largest international multimedia news agency, more than 90% of its revenue is derived from its financial services business. Some 330,000 financial market professionals working in the equities, fixed income, foreign exchange, money, commodities and energy markets around the world use Reuters products. They rely on Reuters services to provide them with the information and tools they need to help them be more productive.
-ends-
Note to the Editor
About BFH
A fully integrated, master-planned development, the US$ 3 billion Bahrain Financial Harbour (BFH), is aimed at creating a complete financial city, a self contained community and reinforcing Bahrain's unsurpassed position as the financial capital of the Middle East. A first of its kind development in the region, BFH is a highly focused, committed and advanced financial environment spread over 380,000 square metres of prime seafront property in the centre of Manama, Kingdom of Bahrain. Furthermore, it comprises of 10 projects that uniquely combines business, leisure and residential components under one canopy. The BFH Client Relations Centre is located on-site at the 'Gateway to Bahrain' on the King Faisal Highway in Manama.
|