Press Releases

Al Areen Announces Top-Level Management Appointment

6 April 2006

The Al Areen Holding Company, developer and promoter of the large-scale, luxorious urban and mixed –use development in the southern region of Bahrain, has announced the appointment of Mr. Masood Ahmed Abdul Karim as the Company’s Director of Finance and Administration.

Mr. Abdul Karim has extensive experience in the field of financial management and administration, having worked in reputable companies in Bahrain and the UAE.

“The appointment of Mr. Abdul Karim at Al Areen is in line with our corporate philosophy of creating opportunities for talented and motivated Bahrainis to contribute their energy and drive in the private sector,” said General Manager Eng. Waleed Saffy, “We believe that the Kingdom is at an exciting stage of development as an economic centre as well as an innovative real estate arena in the region, and that there are plenty of opportunities for Bahraini professionals to shine and rise with our company’s success.”

The main components of the Al Areen Project are the Banyan Tree Desert Spa & Resort “The Lost Paradise of Dilmun” Water Park, in addition to the recently announced Al Waha Resort, the Domina Hotel & Resort engulfing the water park, and Al Areen Downtown. The development will feature additional projects that will be announced shortly, including residential, commercial, hospitality, recreational, and entertainment facilities.