Al-Khaleej Development Co. adapts iFinancials ERP Solution for Financial Management

Notes and media contacts

About iFinancial
Al-Faris® iFinancials™ ERP Business Solutions for Financial Management gives you the integrated tools you need to master your financial data and processes, taking full advantage of the information your financial system contains. With instant access to accurate, up-to-the-minute financial information, you are equipped to make informed operational and strategic decisions at a moment's notice, and map the course to your successful future.

Al-Faris® iFinancials™ delivers superior financial management, giving user the functionality he need to master his financial picture and take full advantage of the wealth of information his financial system. It contains the following Modules:

 General Ledger
 Fixed Asset Management
 Payables Management
 Receivables Management
 Multicurrency Management
 Bank Reconciliation
 Cash Flow and Collections Management
 Property Management (iProperty)
About Tameer
Al Khaleej Development Co. (Tameer), the Bahrain-based real estate firm. was established as a joint venture in the Kingdom of Bahrain with a paid-up capital of US$ 50 million in June 2002, and aims on becoming a leading real estate company in the Bahraini market by reinventing real estate investments and providing customers with instruments and services designed to facilitate their investment demands and needs. The major shareholders in TAMEER are Gulf Investment House, Kuwait and Gulf Finance House. The company's activities revolve around developing residential, industrial, and tourism projects, management and maintenance of projects, development and investment in real estate funds, providing real estate advisory services, and buying, selling, and leasing properties. TAMEER operates in full compliance with Shari'a principles, working in close harmony with other Shari'a compliant bodies such as investment banks and insurance companies.
The Company sources potential property investments for its clients, manages and develops commercial and residential complexes and assists with establishing regional real estate companies. The full range of core real estate development activity is included. Project and construction management services integrate with development consultative services, and the creation of real estate investment funds in alliance with key financial institutions is considered integral to the overall service.
For more information about Tameer
Please call + 973 17588788

About Al-Faris® Al-Faris Information Technologies Co. (Al-Faris®), is a Kuwaiti Shareholding Company (Closed), located in Kuwait City, State of Kuwait with regional offices and presence around the Middle East. Al-Faris®, founded in July 1988, is the Middle East e-Business Innovator delivering solutions and services for growing enterprises. Al Faris® offer business consulting services and design scalable and innovative eBusiness solutions that are built based on "best of breed" technology and superior service that create massive economic results to the clients. Al Faris® provides innovated open and flexible solutions of relationship management, electronic commerce and application hosting to corporate businesses so they can capitalize on the Internet technologies to transform the way they support their customers, develop their markets, and build their business and stay competitive.
Al-Faris's assures quality and customer satisfaction through continual improvement providing delivery of the highest quality products and services helped us achieves ISO 9001:2000 certification in the State of Kuwait.

Press Contact Entesar Al-Awadhi
Public Relation and Communication Manager
Al-Faris Information Technologies Co. KSCC
Tel: +965 240 8 240
Fax: +965 242 7 209