Manara Developments Company heralds new approach to real-estate development in Bahrain

The company is a joint venture between a consortium of ambitious visionaries determined to bring new insights, a fresh perspective and a people-centric approach to real estate locally, regionally and on a global level.

Manara Developments aims to further the socio-economic development of the Kingdom of Bahrain in particular, and the GCC region in general, by delivering projects that are sensitive to the surroundings and planned carefully to leave a positive imprint on the community.

Built on a deep-rooted sense of social responsibility, Manara Developments is guided by an 'All Considered' philosophy which translates into conscientious development with the best interests of the community in mind. The company's mission is driven by a strong sense of responsibility towards its host locations. The company strives to deploy as far as possible, replenishable local resources as well as the most efficient design, construction and environmental technologies to help deliver socially-aware projects synonymous with quality, sustainability, value-for-money and on-time delivery.

Officially launching Manara Developments, Mr. Yousif Taqi, Chairman of the company, said,

"We view things from people's perspectives and that helps ensure that we take into consideration all who are touched by our developments, whilst creating real estate propositions that will enhance and enrich the quality of life in every community. It is this vision which will drive us to become one of the region's leading real estate developers, setting benchmarks through unique projects that sustain communities, enhance the environment and trigger economic growth, whilst optimizing investor returns."

He further mentioned, "In an era where development is no longer about land alteration but adaptation and no longer about buildings but building sustainable communities, Manara Developments has entered the market with a new approach to real estate - an 'All Considered" philosophy - to develop new living environs that fulfil the environmental, socio-economic and cultural needs of each community we build."

Manara Developments comprises a group of grounded individuals who share the company's vision, values and ideals. They bring with them a wealth of experience and an understanding of the concerns shared by the local community. This human approach to development sets the tone for Manara Developments' projects.

Unveiling the new corporate identity, Mr. Kareem M. Shamma, CEO of Manara Developments said, "This is an exciting time for us as we unveil our corporate identity and ignite our new brand - a brand we are very proud of, and which we feel personifies the shared vision of the people who formed the company and communicates our core values. Our logo is a stylized half-lighthouse and half-human with open arms encompassing our unique and sustainable brand promise of 'All Considered' - the promise that we will keep the best interests of the community in mind and take into consideration all who are touched by our developments."

"Through our logo," he continued, "we are trying to reflect the Manara approach stemming from a grounded understanding of the concerns we all share - concerns about the environment, about our future and the future of our children. It is this human approach to development which sets the standards in all our undertakings and which benefits people ultimately."

Highlighting the company's development strategies, Mr. Shamma added "Our philosophy is reflected in everything we do. By being sensitive to the environment and to socio-economic and cultural needs, we strive to develop and prosper with the best interests of the community at heart."

He concluded, "Today, with a portfolio of projects already underway, we stand on the threshold of an exciting new era, and look to the future with confidence and determination."