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Monday, November 23 - 2009

'The Gate' project wins two CNBC Arabian Property Awards for 2008

Salam Bounian participated with two categories in the CNBC Arabian Property Awards 2008 competition with its signature project "The Gate" and won in both categories being "Best Development" and "Best High Rise Architecture" that firmly establishes "The Gate" as the luxury retail and leisure destination of choice in Doha.

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  • Mr. Yasser Hamad, The General Manager of Salam Bounian, receiving the awards.
    Mr. Yasser Hamad, The General Manager of Salam Bounian, receiving the awards.
The entries for the awards were judged by a panel of International professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards.

The Best Development category was judged on basis of the development's location, the target market, external appearance and details of architectural &interior design; additionally on details of safety, security, energy efficiency and innovation.

Whereas the Best High-Rise Architecture category was judged by details of height and number of floors of the building, architectural appearance and details of structural and engineering features as well as on variation of unit sizes and styles.

The awards were distributed during a magnificent gala dinner held at the Johara Ballroom in the Madinat Jumeirah resort on the 19th Oct,2008.

Mr. Yasser Hamad, The General Manager of Salam Bounian, who received the awards, commented:
"We have a passion to develop unique mix-used destinations with location, people and function in mind. Being recognized by professionals in the property industry, by winning two awards, is a matter of great honor and pride to us and hope that in future we will gain further recognition not only for The Gate but for our other developments."


"The objective of these awards is to encourage excellence in the property world and to encourage and promote international standards; therefore I would like to thank the CNBC awards organizers on their efforts in organizing this event as well as all the teams that are working within Salam Bounian and the designers, consultants and architects who contributed in making The Gate a unique award winning project," he added.
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Notes and media contacts

About Salam Bounian Development Company:

Salam Bounian Development Company was incorporated as a private shareholding company in July 2006 in the State of Qatar as a real estate development and investment company.

The company has a full paid up capital of QR500m (Qatari Riyals five hundred million) with shareholders from diverse countries of origin such as Kuwait and Jordan. However, the majority shareholders are Qatari businessmen.

The company has commenced developing and investing in unique commercial, residential, industrial and touristic developments in Qatar, the GCC and the Middle East countries, and looks forward to becoming one of the pioneers in real estate development and related services in the MENA region.

About The Gate:

The Gate is destined to become the shopping and commercial magnet for the sophisticated citizens of cosmopolitan Doha.

It will offer exceptional access to international brands wanting to reach cultured, worldly, glamorous consumers with high disposable incomes. Surrounded by the elegant and fashionable West Bay, its denizens will be the stylish, wealthy and discerning.

The Gate effortlessly combines futuristic design with the best infrastructure to create a radical new experience in mixed-use development.

Stunning to look at, the development will incorporate high standards of finish, technology and infrastructure on which discerning and demanding tenants and their clients and customers insist.

For further information, kindly contact:

Isabella Ibrahim
Marketing Department
Salam Bounian
Salam Plaza Tower,2nd Floor
Maysaloun Street - West Bay
P.O. Box 10805, Doha - Qatar
T: +974 493 25 24
F: +974 493 25 26

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