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The business hub of the Middle East

by ArabianBusiness.com staff writer  on Friday, 19 September 2008

Bahrain Financial Harbour is one of the Middle East's most exciting property developments and a natural extension of the kingdom's heritage, the project has been designed to address every single need of the highly diverse international finance sector.

At the heart of the Bahrain Financial Harbour (BFH) is the Financial Centre, developed exclusively to provide a high-tech, sophisticated environment for international and regional banking integrated with a major urban and retail complex.

A fully integrated, master-planned development, the $3bn Bahrain Financial Harbour, is a complete financial city and self-contained community. It reinforces Bahrain's unsurpassed position as financial capital of the Middle East.

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A ‘first of its kind' development in the region, BFH is a highly focused and advanced financial environment spread over 380,000 sq m of prime seafront in the centre of Manama, Kingdom of Bahrain.

It comprises 10 projects that uniquely combine business, leisure and residential components under one canopy. Phase I, the ‘Financial Centre', includes the Harbour Towers - Bahrain's tallest towers - and the Harbour Mall. The Financial Centre is operational and open for business.

The Financial Centre has been funded through a combination of equity raising and syndicated project finance. Bahrain-based Liquidity Management Centre BSC (LMC) was engaged for assisting in the financing of the Financial Centre while remaining equity was raised by Gulf Finance House through a Private Equity Placement.

The Harbour district covers an architecturally stunning 380,000 sq m of prime Bahrain waterfront property, featuring high specification office space, both in design and leading technology, luxury residential accommodation, together with the retail hotel, leisure and entertainment opportunities that tenants, investors and visitors would naturally expect.

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