Latest news with #KhalidNajibi
Gulf Insider
26-05-2025
- Business
- Gulf Insider
Bahrain Marina Reaches 50% Completion of Phase One
Bahrain Marina Development Company has announced that 50% of Phase One of its flagship waterfront project, Bahrain Marina, is now complete. The project remains on schedule for handover in Q4 2026. Construction is progressing steadily, led by a dedicated development and engineering team focused on meeting international standards of quality, safety, and innovation. A key component of the project, the Bahrain Marina Residence Tower, has reached its 15th floor out of 20, with 25% of construction completed. This marks a significant milestone for the luxury residential tower, which will contribute to Manama's evolving skyline. Khalid Najibi, Chairman of the Board, stated that the milestone reflects the company's strategic vision to redefine waterfront living in Bahrain. He emphasized the project's role in enhancing quality of life and attracting investment across real estate, tourism, and commercial sectors. Najibi credited the project's progress to official support, partner trust, and the efforts of local talent, highlighting its alignment with Bahrain's economic development goals and commitment to sustainable growth. Managing Director Yusuf Althawadi confirmed that work is proceeding according to the highest engineering standards. He noted that reaching the 15th floor of the Residence Tower underscores the company's commitment to quality and design excellence. Bahrain Marina spans over 250,000 square metres along Manama's eastern shoreline. Once complete, it will include freehold luxury residences, a five-star hotel, a yacht marina, a marine club, landscaped areas, and a retail and dining promenade—positioning it as a landmark coastal development in the region.
Zawya
25-05-2025
- Business
- Zawya
Bahrain Marina marks construction milestone as Phase One hits 50%
Manama – Bahrain Marina Development Company has announced the successful completion of 50% of Phase One of its flagship waterfront development, Bahrain Marina- a key milestone that reflects the company's steadfast commitment to delivering one of the Kingdom's most ambitious urban lifestyle destinations. The project remains on track for handover in the final quarter of 2026. Progress at the site continues at a remarkable pace, driven by the dedication and expertise of the development and engineering teams. Their efforts have ensured that construction advances according to the highest international standards of quality, safety, and innovation. Among the notable achievements is the ongoing construction of the Bahrain Marina Residence Tower, a signature luxury residential building within the development. The tower has now reached its 15th floor out of 20, with 25% of construction works completed, an architectural milestone that further enhances Bahrain's modern skyline and reinforces the project's reputation as a premium address. Commenting on the progress, Mr. Khalid Najibi, Chairman of the Board of Directors of Bahrain Marina Development Company, stated: "Reaching 50% completion of Phase One is not merely a construction milestone, it is a tangible realisation of the ambitious strategic vision the company set forth at the project's inception. Our aim has always been to redefine the concept of waterfront living and luxury residential experiences in the Kingdom of Bahrain. We are not simply developing buildings; we are creating an integrated urban environment that elevates quality of life and unlocks vast investment opportunities across the real estate, tourism, and commercial sectors." Mr. Najibi added: "This progress would not have been possible without the official support we have received, the trust of our partners, and the dedication of the national talents involved in design and execution. It also reflects our unwavering commitment to the highest global standards and best practices in project management. We firmly believe that Bahrain Marina is a cornerstone in advancing the Kingdom's economic vision, offering a holistic model of sustainable development that meets the aspirations of individuals and investors, while reinforcing Bahrain's position as a leading regional hub for tourism and investment.' For his part, Mr. Yusuf Althawadi, Managing Director of Bahrain Marina Development Company, affirmed that the project is progressing in line with the highest construction and engineering standards. He added: "The structural progress of Bahrain Marina Residence, now reaching the 15th floor, is a clear reflection of the meticulous attention we place on execution. This project represents a refined urban destination that blends distinctive architectural design with an integrated quality of life. We are working tirelessly to bring to life a clear vision that positions Bahrain Marina at the forefront of residential and tourism destinations in the region." Set along the eastern shoreline of Manama, Bahrain Marina spans over 250,000 square metres, transforming prime coastal land into an integrated urban retreat. Once complete, the project will offer freehold luxury residences, a five-star hotel, a world-class yacht marina, a premium marine club, expansive green areas, and a vibrant retail and dining promenade. This fusion of waterfront leisure, elegant living, and dynamic commercial offerings will position Bahrain Marina as a benchmark for sophisticated coastal development in the region. For more information, please contact: Bahrain Marina Ahmad Fakhro Email: About Bahrain Marina Bahrain Marina is an extraordinary waterfront development strategically positioned on the eastern coast of Manama, the capital of Bahrain. With a development budget of BD 200 million, this landmark project features an array of luxury retail outlets, fine dining restaurants, and internationally renowned cafes. The development also includes a shopping mall, a marina with yacht parking, and an expansive 3,200-square-meter marine club offering a wide range of recreational activities and marine programs, contributing significantly to the Kingdom's tourism sector. In addition, Bahrain Marina provides a unique residential experience with luxurious freehold units, premium hotel accommodations, extensive green spaces, and high-end sports facilities. The project is designed to promote a balanced lifestyle that enhances residents' and visitors' quality of life. For more information and to experience the future of luxury living, please visit
Trade Arabia
24-05-2025
- Business
- Trade Arabia
Bahrain Marina Phase I project work 50% completed
Bahrain Marina Development Company (BMDC) has announced significant progress on its prime development - Bahrain Marina project, with a 50% completion rate in the first phase of the project, reflecting the company's commitment to executing the works on schedule, in preparation for the delivery of the project in the last quarter of 2026. BMDC said work on the project site is proceeding at a steady and accelerated pace, in a clear indication of the efficiency of the work teams and their keenness to implement the project according to the highest standards of quality and excellence. "The progress achieved to date on the project is not only a construction achievement, but a living embodiment of an ambitious strategic vision that the company has set since its inception," remarked its Chairman Khalid Najibi. "Reaching 50% of the first phase underscores our commitment to delivering a quality project that will redefine the concept of waterfront and luxury housing in the Kingdom of Bahrain," stated Najibi. "We are not only developing buildings, but we are establishing an integrated urban system that improves the quality of life and opens up wide horizons for investment in the real estate, tourism and commercial sectors," he added. Bahrain Marina is one of the most prominent development projects in the Kingdom, located on the eastern waterfront of the capital, Manama, and extends over an area of more than 250,000 sq m, and includes integrated residential, commercial, recreational and tourist facilities, including luxury residential units with a freehold system, a five-star hotel, a yacht marina, and a marine club. It also boasts vast green spaces and a high-end commercial complex, making it a project that sets new standards for high-end modern life in the Kingdom of Bahrain. Giving a project update, BMDC said the work on its luxury residential tower "Bahrain Marina Residence" is moving at a steady pace with the tower nearing 25% completion. The construction in the tower reached the fifteenth floor out of 20 floors, in a remarkable engineering achievement within one of the finest and most prominent modern urban facades of Bahrain, it stated. Najibi said: "This progress would not have been possible without the official support we enjoy, the trust of our partners, the dedication of national talent working within the design and implementation teams, and our commitment to the highest international standards and practices in project management." "We believe that the Bahrain Marina project is one of the main pillars in supporting the economic vision of the Kingdom of Bahrain, as it provides an integrated model for sustainable development that reflects the aspirations of individuals and investors, and enhances the Kingdom's position as a leading regional center for tourism and investment," he noted. Yousuf Al Thawadi, Managing Director of Bahrain Marina Development Company, said the project was proceeding according to the highest construction and engineering standards. "The progress of the construction works in Bahrain Marina Residence Tower and its arrival on the 15th floor is a testament to the attention we pay to the smallest details of the implementation, and we consider this project a high-end urban façade that combines unique architectural design and integrated quality of life," he noted.
Daily Tribune
28-02-2025
- Business
- Daily Tribune
Bahrain Chamber signs MoU with Islamic Chamber to boost Trade and Family Security
The Bahrain Chamber signed a Memorandum of Understanding (MoU) with the Islamic Chamber of Commerce and Development in the fields of food security, family business development, and the promotion of trade relations between Bahrain and Islamic countries. The MoU also aims to strengthen economic cooperation, and exchange expertise to enhance collaboration opportunities among its members. This took place on the sidelines of the Makkah Halal Forum 2025, in its second edition. The First Vice Chairman of the Bahrain Chamber, Khalid Najibi, emphasized that this aligns with the Chamber's trade diplomacy efforts to enhance international relations, exchange knowledge, information, and studies, as well as organize events, training programs, and capacity building initiatives. The memorandum, signed by Khalid Najibi and the Secretary General of the Islamic Chamber, Yousef Khalawi, includes the exchange of data related to economic and commercial regulations, as well as their updates, and the promotion of marketing opportunities for each party's products in the other's market.
