Leading financial training solutions provider Capital Knowledge to locate its operations at Bahrain Financial Harbour
Manama, Bahrain, 23, September, 2007: Bahrain Financial Harbour Holding Company (BFHHC) today announced the signing of a tenancy agreement with Capital Knowledge, a leading Bahrain-based financial training solutions provider. According to the terms mentioned in the agreement, Capital Knowledge has committed to occupy a whole floor in the West Tower in the 'Financial Centre', which is the phase I of BFH.
Commenting on the agreement, Mr. Stephen Rothel, Chief Executive Officer, BFHHC, said: "We are pleased that Capital Knowledge, a financial training solutions provider has chosen BFH as the ideal destination to commence its operations. This move demonstrates that the BFH model not only offers space to financial service providers but also to organisations like Capital Knowledge which play an instrumental role in shaping young minds by training them for a successful financial based career. This agreement is another noteworthy corroboration of the development's integrated Financial Centre nature."
"As a result of the synergies through this partnership, we are confident that the financial community would benefit significantly. With tenants like Capital Knowledge, I see BFH achieving faster one of its key objectives of reinforcing Bahrain's position as the financial capital of the Middle East." Mr. Rothel added.
Commenting on the agreement with BFHHC, Mr. Khalil Nooruddin, founder of Capital Knowledge, said: "The decision to locate Capital Knowledge at BFH is reflective of the superior quality of the development and its proximity to all financial institutions operating in Bahrain. Financial institutions today rely heavily on staff with thorough professional training. People are the most important asset for financial organisations and we are pleased that we can play a role in enhancing their value. Through the relocation training solutions become more accessible to our clients."
Capital Knowledge provides financial training solutions to individuals and corporations in GCC countries. The institute offers evening classes to young professionals aspiring to acquire a solid foundation for a successful financial career in the areas of investment and finance including wealth management, Islamic banking and financial analysis. The firm also offers in-house and customised programmes to organisations throughout the Gulf, in addition to Psychometric Assessment and HR Consultancy.
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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. Phase I of the project ‘The Financial Centre' which includes the Harbour Towers - Bahrain's tallest towers and the Harbour Mall. The Financial Centre is operational and open for business.