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EMAAR Properties appoints EK Group as marketing representative in Bahrain
- United Arab Emirates: Sunday, April 14 - 2002 at 09:31
- PRESS RELEASE
EMAAR Properties has appointed EK Group, a leading organization in Bahrain, as its marketing representative to promote its world-class residential projects to Bahraini investors through sales office in Manama, Bahrain.
Commenting on the new agreement, Mr. Mohamed Ali Alabbar, Chairman of EMAAR Properties said: "Through this marketing representation agreement with the EK Group, EMAAR Properties is confident that we will attract more interest from Bahrain to invest in our world-class residential development projects of EMAAR now underway in Dubai. Bahrain is an important new market for EMAAR and this agreement is the first step in our efforts to raise awareness and attract more interest toward our projects in Bahrain."
"We have already experienced significant interest from Bahraini investors in our projects. This new agreement will build on that foundation to create a much wider understanding of our property portfolio and investment opportunities".
EK Group, which was established in 1965, has evolved into a cohesive, multifaceted organization. Core group activities range from general trading to manufacturing, covering a wide range of activities that include media advertising and promotion, general services, real estate business and computer consultancy services.
In real estate, EK Group provides comprehensive management services including property sale, purchase, letting, valuation surveys, building management, rent reviews and lease renewals.
Sheikh Hussam E. Al-Khalifa, President and CEO of EK Group gave the following statement at the signing ceremony: "EMAAR is a name that is very well known for developing excellent homes, both apartments and villas. We believe that our agreement to market EMAAR Properties will add a new focus and dimension for EMAAR and ourselves here in Bahrain."
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Notes and media contacts
EMAAR Properties, a leader in the Middle East property development sector, is currently developing five world-class projects in Dubai as part of its strategic plan to contribute to the development of Dubai and the national economy of the U.A.E. The five projects are Dubai Marina, The Lakes, Emirates Hills, Gold and Diamond Park and the Arabian Ranches golf and equestrian mixed-use development.For further information, please contact:
Shetha Al Romaithy
EMAAR Properties PJSC
Tel: (971 4) 399 33 66
Fax: (971 4) 399 49 49
Kevin Hasler
Bates PanGulf PR
Tel: (971 4) 222 41 61
Fax: (971 4) 224 78 39
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Posted by Anne-Birte Stensgaard, News Editor
