Press Releases

Al Areen Briefs the Faculty and Administration of Bahrain University About Its Fast-Track Development

19 April 2006

As part of its continuous efforts to keep the public informed about the progress of various attractions and community components at the US$ 1 billon Al Areen development, the Al Areen Holding Company hosted Bahrain University’s faculty and administration, led by the university’s president, Sheikha Mariam bint Hassan Al Khalifa, at the Al Areen Headquarters and Client Relations Center (CRC) today.

The visitors were received by Eng. Waleed Saffy General Manger of Al Areen Holding Company, Mr. Ebrahim Hussain, General Manager of Gulf Finance House-Commercial Bank (developer of Oryx Hills), and Al Areen marketing officials. They were briefed on the landmark development, which will enhance the position of Bahrain as a preferred regional destination for health and family tourism.

The faculty members then visited key construction sites at the Al Areen development, where work is well underway, including the Banyan Tree Desert Spa & Resort construction site, which is being developed at an investment of US$140 million.

Sheikha Mariam expressed on behalf of the faculty as well as herself that they were greatly impressed by the uniqueness of the entire development. She is positive that Al Areen will galvanize Bahrain’s tourism appeal, create various career and economic opportunities in the local market, and attract further foreign investment into the Kingdom.

The Al Areen CRC is an on-site marketing and promotional office that offers access to the different developmental opportunities at Al Areen, as well as information and materials pertaining to various projects and attractions at Al Areen. It helps channel investor interest into the development by keeping visitors abreast of its progress, arranging tours to the site, and hosting different kinds of events from press conferences to corporate functions and meetings.

The main components of the Al Areen development are the Banyan Tree Desert Spa & Resort and “The Lost Paradise of Dilmun” Water Park, which are both expected to open for operation soon this year. Al Areen has recently announced the launches of the Al Waha Resort, the Domina Hotel & Resort engulfing the water park, and Downtown Al Areen. The development will also feature additional projects that will be announced shortly, including residential, commercial, hospitality, recreational, and entertainment facilities.