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Durat Al Bahrain
 

Emerging out of the crystal clear waters off the southern tip of the Island Nation of Bahrain, lies the magnificent seaside resort city - Durrat Al Bahrain.

With an area of 20 square kilometres, Durrat Al Bahrain is the Kingdom’s largest planned residential, leisure and tourist resort, being developed at a cost of US$3 billion. The project is 50 percent owned by the Government of Bahrain and Kuwait Finance House (Bahrain), a leading Islamic commercial and investment bank.

The master planner/architects of the project is W.S. Atkins, the renowned engineering design and consultancy, who designed the Burj Al Arab, and project/development manager is KMC Bovis, a joint venture between the Kuwaiti Manager Company and Bovis Lend Lease.

Durrat Al Bahrain is comprised of a cluster of 12 islands that together give the development its unique island lifestyle theme. These include: The Crescent, a semi-circular landmass extending into the sea, in addition to 6 Atoll Islands, 5 Petal Islands, and a stand alone island set to house a luxury hotel and resort.

The Crescent, which will be the heart of the resort city, will boast 6,000 apartments, a large-scale modern shopping mall, restaurants and cafes, a piazza, public beaches and a host of community facilities, including a mosque, health centres and schools.

The Atoll and Petal Islands will provide quiet residential living, with a total of 2,000 luxury villas of different sizes, private and common beach areas, boat mooring options and breathtaking sea views.

The 400-boat, full service Marina will offer a canal-type lifestyle, with waterfront townhouses and apartments, cafes and shopping. The adjoining 18-hole championship golf course will also house a 300-room hotel and over 250 villas facing the golf course or the sea. The Hotel Island is envisioned as a 400-room signature hotel, with private beach and an aqua park.

On completion of the project, which is scheduled for the end of 2009, the Durrat Al Bahrain will boast over 5000 beautiful beachfront villas & exclusive apartments, parks & entertainment precincts, premier malls & restaurants, a golf course and 400 berth marina estimated to house over 45,000 residents and 4,500 visitors per day.



Esterad
 

Established in 1973 as a trading company in commodities under government concessions. The company invested the surplus funds from core business into diversified portfolio of global and local investments.

In 2003, shareholders decided to turn the company into a full-fledged investment company aiming to invest the shareholders’ fund in global and local markets. Accordingly, an extraordinary shareholders meeting approved the change of the company’s name from “ The National Imports and Exports Company BSC” to “Esterad Investment Company”. The company conducted its final transaction in the direct commodities trading business in 2003.

The management’s structure changed significantly. Along the course of 2003, Esterad had a number of operational and managerial changes that completed the transition to an investment company

Investment portfolio

Esterad’s portfolio is divided into quoted and unquoted investments, and subdivided as direct equity, quoted equities, fixed income and real estate



Islamic Development Bank
  The Islamic Development Bank is an international financial institution located in Jeddah, Saudi Arabia. It was established in pursuance of the Declaration of Intent issued by the Conference of Finance Ministers of Muslim Countries held in Jeddah in Dhul Q'adah 1393H, corresponding to December 1973. The Inaugural Meeting of the Board of Governors took place in Rajab 1395H, corresponding to July 1975, and the Bank was formally opened on 15 Shawwal 1395H corresponding to 20 October 1975. The present membership of the Bank consists of 56 countries. The purpose of the Bank is to foster the economic development and social progress of member countries and Muslim communities individually as well as jointly in accordance with the principles of Shari'ah i.e., Islamic Law.
The functions of the Bank are to participate in equity capital and grant loans for productive projects and enterprises besides providing financial assistance to member countries in other forms for economic and social development. The Bank is also required to establish and operate special funds for specific purposes including a fund for assistance to Muslim communities in non-member countries, in addition to setting up trust funds. The Bank is authorized to accept deposits and to mobilize financial resources through Shari'ah compatible modes. It is also charged with the responsibility of assisting in the promotion of foreign trade especially in capital goods, among member countries; providing technical assistance to member countries; and extending training facilities for personnel engaged in development activities in Muslim countries to conform to the Shari'ah.


Public Commision for the protection of Marine Resources, Environemnt & Wildlife
  In recent years the marine ecosystem around Bahrain has been subjects to enormous stress as a result of incerasing land reclamation sand fishing activities.


Economic Development Board (EDB)
  The Economic Development Board is the first point of call for businesses wanting to make it happen in Bahrain. Working in close partnership with Government bodies and private-sector companies, EDB is creating the optimum business environment for Bahrain, to ensure the country attracts investment from abroad as well as encouraging the strong development of home-grown companies.