BizBahrain April 2016
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Real Estate<br />
Dragon City partners<br />
sign new deal<br />
signing ceremony was held to<br />
A announce a new deal for supplying<br />
high quality Made in China products<br />
and developing an e-commerce<br />
business model for GCC countries. The<br />
agreement was signed by ChinaMet<br />
and Hi-Mart and supported by<br />
Dragon City’s management company<br />
Chinamex.<br />
Since its inauguration in December<br />
Bahrain projects win<br />
major Quality Awards<br />
Bahrain won high honours when seven<br />
of its highest quality projects were<br />
named national winners at the MEED<br />
Quality Awards for Projects, in association<br />
with Mashreq.<br />
Bahrain’s national winners, whose<br />
combined project value is estimated<br />
at more than $787 million, include the<br />
Bahrain Four Seasons Project, entered<br />
by Six Construct, as Leisure and Tourism<br />
Project of the Year; Youth and Sports<br />
Affairs Ministry’s Hala Club Project as<br />
Small Project of the Year; Muharraq<br />
Sewage Treatment Plant and Sewer<br />
Conveyance System Project, entered by<br />
Arcadis, as Power and Water Project of the<br />
Year; and Tatweer Petroleum’s Light Oil<br />
Steam Flood Project as Oil and Gas Project<br />
of the Year, sponsored by Parsons.<br />
Bahrain Property Mushakara Trust’s<br />
Danaat Al Madina Project, entered by<br />
last year, Dragon City has succeeded<br />
in attracting large crowds of visitors,<br />
exceeding all expectations, as it<br />
continues to draw substantial numbers<br />
of customers from the Kingdom of<br />
Bahrain and its neighboring countries.<br />
According to experts in this domain, a<br />
promising project such as Dragon City<br />
will boost the status of the Kingdom<br />
of Bahrain as a prominent trade and<br />
financial center in the region and will<br />
play the role of a stimulant in opening<br />
gateways to commercial activities and<br />
investments in the region.<br />
Eskan Properties Company, scooped a<br />
trio of national trophies in the following<br />
categories – Sustainable Project of the<br />
Year, sponsored by Besix; Residential<br />
Project of the Year and Mixed-use Project<br />
of the Year.<br />
This is Bahrain’s best performance in<br />
the awards, with seven projects winning<br />
the national winner accolade compared<br />
with five in last year’s edition. They will<br />
now compete at the regional level against<br />
national winners from Kuwait, Oman,<br />
Qatar, Saudi Arabia and the UAE for GCCwide<br />
recognition in various categories.<br />
The winners of the <strong>2016</strong> MEED<br />
Quality Awards for Projects will be<br />
announced at a ceremony on May 25. For<br />
more information on this year’s awards<br />
programme, please visit www.MEED.com/<br />
MQAP.<br />
Sofitel leads the way in<br />
Bahrainization efforts<br />
Sofitel Bahrain Zallaq Thalassa Sea<br />
& Spa, a luxury resort from ACCOR<br />
group is debuting its 5th year in the<br />
Kingdom of Bahrain. Boasting 262<br />
rooms facing the Mediterranean sea and<br />
reflecting the cultures of both the native<br />
Arabic & French elegance's fusion this is<br />
the first Thalassa facility in the region.<br />
Sofitel Bahrain Zallaq Thalassa Sea & Spa<br />
intends to further promote tourism in the<br />
kingdom through individually tailored<br />
hospitality services provided to each and<br />
every guests who visits.<br />
As a hotel who definitely believes in<br />
the country’s Bahrainization crusade,<br />
Sofitel supports Bahraini staff in the hotel<br />
by providing exciting and rewarding<br />
privileges as they join the multinational<br />
employees of the hotel thru the Flower<br />
Program carefully and specially designed<br />
for the growth of Bahrainization in the<br />
hotel.<br />
The hotel offers almost 20% higher<br />
than the basic salary required by the<br />
Ministry of Labor for Bahrainis as<br />
compared to other hotels in the kingdom.<br />
Being a French based company, the<br />
linguistic aptitudes of staff is broadened<br />
with English & French basic lessons,<br />
internally provided. Training locally<br />
and abroad are provided as well in the<br />
view of honing further their potential<br />
in the world of hospitality. Coordinating<br />
with Tamkeen (thru CPP program) & BTI<br />
for various projects to maximize the<br />
development of Bahrainis in the property.<br />
Support is also provided to Universities<br />
in the kingdom with Internship programs<br />
to accommodate talented Trainees.<br />
Also, in coordination with the Tamkeen<br />
and the Bahrainization, Career Weeks<br />
are held in the property welcoming<br />
Bahraini aspirants to start their journey<br />
in hospitality. All of these methods<br />
have been incorporated with the Flower<br />
Program in the view of achieving and<br />
hopefully exceeding the 20% required<br />
percentage of Bahrainis with us.<br />
70 May <strong>2016</strong>