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Bahrain Financial Harbour commences tenant fit-outs for its retail centre, the 'Harbour Mall' in the Financial Centre

Manama, Bahrain, 21 October 2007: In a significant development, Bahrain Financial Harbour Holding Company (BFHHC) today announced that its retail centre, the Harbour Mall, located in the Financial Centre of the development, has commenced tenant fit-outs. As a result, Khaleeji Commercial Bank, Kuwait Finance House, Mena Telecom, Magrabi Opticials through Sunspot brand, Jashanmal & Sons W.L.L through Jashanmal Bookstore, the Jawad Business Group through Costa Coffee, Travelex and Jawad 24 hours Market brands and the Al Shaya Trading Co. W.L.L. through brands namely Le Pain Quotidien, Starbucks and The Body Shop have already commenced fit-outs at the respective premises.

Commenting on the fit-outs, Mr. Stephen Rothel, Chief Executive Officer of BFHHC, said: "With the Harbour Towers already operational, it gives us immense delight to announce the commencement of the fit-outs at the Harbour Mall. Having already leased majority of the Harbour Mall, this marks a major step in the landmark development. Harbour Mall will house exclusive, high quality retail and fashion outlets, cafes, brokerage and trading firms and retail banking units."

Mr. Salwan Uchi, Senior Manager - leasing, Sales & Marketing said: "The fit-outs are essentially aimed at enabling our tenants to get a first hand experience of the integrated world-class business environment which BFH offers. Furthermore, the Harbour Mall is continuing to receive commitments from leading local, regional and international retail and financial services focused companies."  

Khaleeji Commercial Bank has committed to occupy space on the 2nd floor and would be relocating its corporate head office to BFH, while retaining its Zamil Tower offices in Bahrain as a branch office. The Alshaya Trading Co. W.L.L., one of the leading retailers in the Middle East, has committed to an uptake of space on the 2nd floor while the leading telecommunications company, Mena Telecom has committed to occupy space on the 3rd floor. Magrabi Opticials has committed to an uptake of space on the 2nd floor.

Kuwait Finance House has committed to occupy space on the 2nd floor while the Jawad Business Group has committed to an uptake of space on the 2nd and the 3rd floor. Jashanmal & Sons W.L.L has committed to occupy space on the 2nd floor.

The first development phase of the US$ 1.5 billion Bahrain Financial Harbour , region's first fully integrated financial district, ‘The Financial Centre' includes the Harbour Towers - Bahrain's tallest towers - and the Harbour Mall.

-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. 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.

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