First Bahrain is an innovative real estate investment company. Dedicated to achieving economically, socially and environmentally sustainable returns through collaborative relationships, First Bahrain creates enduring value for all stakeholders with a demand-driven investment approach. Operating out of offices in Kuwait and Bahrain, the Company is strategically positioned to execute projects across the GCC.
Established in October 2004 in Kuwait as Baraq Al Khaleej Holding Company, with a paid up capital of KD 1 million, the corporate name was later changed to First Bahrain Real Estate Development Company, and the paid up capital increased to KD 30 million. In 2007, First Bahrain opened an operating office in the Kingdom of Bahrain.
First Bahrain now owns or holds rights to over 1,000,000 square feet of strategically located land in the Kingdom of Bahrain.
Majaal was founded by First Bahrain in December 2008 to develop and manage warehousing and industrial facilities which would support and facilitate growth among small to medium sized enterprises (SMEs) in Bahrain and across the GCC. Majaal’s initial development is at the Bahrain Investment Wharf, within the Salman Industrial City, near the new Khalifa Bin Salman Port, which became operational by April 2009.
All real estate is valuable. But land in itself has potential that is often unrealised. It takes commitment, integrity and hard work to realise that potential. A functioning community supported by a vibrant economy requires entrepreneurial leaders to identify such potential, and to bring shape to that which previously did not exist. First Bahrain is such a company.
For more details visit www.firstbahrain.com