Magrabi Optical emerges as one of top international optical retailers

Updated 01 December 2014

Magrabi Optical emerges as one of top international optical retailers

Magrabi optical has opened its renovated showroom at Salama Centre on Prince Sultan Street in Jeddah.
The new opening is in keeping with the company’s policy to develop its showrooms all over the Kingdom, with a view to providing customized optical care and services to a growing customer base.
The new showroom includes the latest and most prestigious brands of lenses, eyeglasses and sunglasses, in addition to professional optical medical staff specialized in the eye care world.
Magrabi Optical says it offers shoppers an unrivaled selection of the world’s finest prescription spectacles and sunglasses from top name brands, namely Chanel, Cartier, Mont Blanc, Prada, Porsche Design, Bvlgari, Tom Ford and Ray-Ban, as well as exclusive brands such as Sama and TEMPO.
Magrabi Optical, considered as one of the pioneers in the world of eye care and optical in the Kingdom, was founded in 1927 with the launch of the eye medical center. In 1955, Magrabi Hospitals and Centers were built to provide internationally renowned eye care to millions across the Middle East, the GCC and North Africa.
In 1981, Magrabi Optical opened its first optical store in Jeddah and since then it expanded across Saudi Arabia, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar and the UAE, which made it the largest eyewear and sunglasses retail chain in the Middle East and North Africa, with over 160 retail outlets.
Through the retail network’s expansion, and building on the solid foundation of the state-of-the-art technology, Magrabi Optical has taken the brand into a journey to transform it into one of the top international optical retailers by launching its first network in Turkey, which will become the hub for Magrabi Optical’s future expansion plans in Central & Eastern Europe.

Golden Gate Developers unveils newest project

Golden Gate will be developed over 140,000 square meters providing views of the waterfront and iconic Bahraini landmarks.
Updated 13 November 2018

Golden Gate Developers unveils newest project

Golden Gate Developers launched their residential development project Golden Gate on Saturday at the Four Seasons Hotel in Bahrain Bay. The project is a result of a joint venture between Bahraini-based company Kooheji Golden Gate and Indian real estate companies Ajmera Realty and Mayfair Housing.

The launch event was open to the public, who had an exclusive first look at the property in its entirety. Guests were also treated to a 360-degree virtual reality tour, where they were able to walk through the property and have a virtual experience of living in their homes. 

Chairman of Kooheji Golden Gate Ishaq Al-Kooheji said: “The innovation and creativity that we have shown will only propel Bahrain into the spotlight, making the Kingdom an exemplar of excellence in the real estate industry.”

Manoj Ajmera, managing director of Ajmera Realty, said: “We are thrilled with the way the launch has taken off and are expecting only bigger and greater successes for the Golden Gate project and our growing relationship with the Kingdom of Bahrain.”

Real estate firms Ajmera Realty and Mayfair Housing have delivered a number of commercial and residential spaces in India.

This partnership aims at fostering a long-lasting relationship between these two nations and attracting more foreign investment into the country. 

The property will be situated in the heart of Bahrain Bay, one of the most desirable locations for residential and commercial developments in the country where amenities and transport links are easily accessible for residents to enjoy. Golden Gate will be developed over 140,000 square meters providing views of the waterfront and iconic Bahraini landmarks.

The project will feature a “modernistic interpretation of traditional architecture” and aims to become the tallest residential towers in the country, consisting of two towers with 45 and 53 stories and a total of 746 luxurious apartments, starting at 45,000 Bahraini Dinar ($119,380). The development fuses both Bahraini and Indian cultures, paying homage to their rich cultural backgrounds. 

Nayan Shah, chairman of Mayfair Housing, said: “Bahrain was a great choice for our first international venture as Golden Gate Developers, and Bahrain Bay was the best place to begin our journey. We are impressed with the country’s business-friendly mentality and strong work ethic, which enabled us to create possibilities such as the Golden Gate project, which we hope to make a prestigious landmark.”