Bahrain Bay appoints new Deputy CEO
- Bahrain: Sunday, March 22 - 2009 at 13:00
- PRESS RELEASE
Bahrain Bay Development B.S.C.(c), the $2.5bn landmark waterfront community located in the heart of Manama, announced today the appointment of Mr. Abdulla Faisal Al Doseri as its Deputy CEO.
Previously, Mr. Al Doseri was the Senior Vice President of Corporate Management at Bahrain Bay, responsible for administering the financial and corporate affairs.
In his new role as Deputy CEO, Mr Al Doseri will be responsible for the continued fulfillment of the development's overall objective: to become a true mixed-use, urban waterfront development. He will also assist in ensuring the project continues to meet shareholders' and investors' objectives.
Bob Vincent, CEO of Bahrain Bay commented, "We are very pleased to announce Abdulla Faisal Al Doseri's promotion to Deputy CEO. From the beginning, Abdulla has been intimately involved with every facet of the business, and is exceptionally well suited for this position. He has impressive leadership qualities, combined with extensive expertise in the industry. I am delighted to have him by my side in his new role."
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Notes and Media Contacts »
Bahrain Bay is a new metropolis coming to life. A vibrant destination in the heart of Manama, Bahrain, this distinct community is a fusion between the calm of water and the vitality of an urban centre, the essence of Bahraini tradition. Positioned off the north-eastern shore of Manama, Bahrain Bay is a landmark $2.5bn waterfront development designed around vibrant neighbourhoods of residential, commercial and retail spaces, all based upon the unique concept of an island connected by two bridges forming an inner harbour.
Contemporary in design and modern in its sensibility, Bahrain Bay brings a new energy to Bahrain, uniquely combining its diverse components and contrasting elements into an authentic and welcoming destination.
The community is anchored by three key developments: the Kingdom's only Four Seasons Hotel; CapitaLand's first GCC development, Raffles City Bahrain; and the new HQ building for Arcapita, the leading international investment firm and lead investor in the project.
Bahrain Bay is committed to establishing and maintaining a new standard of urban centre. With an emphasis on social fabric and sense of place, Bahrain Bay will be created as a complete community filled with residents, businesses and visitors from all over the world.
Bahrain Bay offers a range of high quality development opportunities for developers to participate in creating residential, commercial and retail offerings around the anchor developments. In addition to the anchor developments, Bahrain Bay has attracted investment from regional and international developers.
Designed by Skidmore, Owings & Merrill, a world leading architecture and urban design firm based in New York, the masterplan for Bahrain Bay has been designed to create a fusion of neighbourhoods, open spaces, entertainment, retail and commercial areas which, together as Bahrain Bay, will serve as symbol of Bahrain's promising future.
For further information please contact:
Bahrain Bay sales centre
Tel: +973 17505555
or
Rasha Al Alaiwat
Associate Vice President
Bahrain
Tel: +973 17537072
Fax: +973 17534620
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