First Real Estate Bahrain Chapter Established

The Catamaran Towers

First Real Estate marked a pivotal moment in its journey with the establishment of its Bahrain Chapter during its Ordinary and Extraordinary General Assembly on March 26, 2017. This strategic move solidifies the company’s commitment to expanding its footprint in Bahrain’s vibrant real estate landscape.

The assembly also celebrated the company’s achievements in 2016, announcing profits totaling BD 2,512,391. Moreover, shareholders endorsed the board’s recommendation to distribute a 5% cash dividend (5 fils per share), reflecting First Real Estate’s robust financial performance and dedication to delivering value to its shareholders.

With the establishment of the Bahrain Chapter, First Real Estate reinforces its position as a key player in Bahrain’s real estate sector. The chapter’s formation underscores the company’s proactive approach to capitalizing on market opportunities and fostering sustainable growth across its operations.