Majaal Warehouse Company, Bahrain’s small and medium enterprises (SMEs)-focused developer and operator of industrial facilities, has signed a key sponsorship agreement with Hilal Conferences & Exhibitions (HCE) to participate at Gulf Industry Fair (GIF) 2014 next February.

Under the agreement Majaal, which had a high-profile presence at the 2013 edition of the Northern Gulf’s premier business-to-business industrial exhibition — will be the principal strategic sponsor of the Logistics and Industrial Facilities show segment.

Majaal, a wholly-owned subsidiary of First Bahrain Real Estate Development Company, has enjoyed steady growth since its February 2010 inception, achieving full occupancy of a 12,000 square meter first phase in late 2011, in addition to completing and fully occupying the 12,000 square meter second phase at the Bahrain Investment Wharf site in June 2013.

Construction on phase three, comprising a single 13,000 square meter clear span warehouse, is currently under way, with completion due in early 2014. A 10-year lease for 75 percent of the space was confirmed with a Bahraini distributor for fast moving consumer goods (FMGC) companies, Abudawood Group, in March this year.

In addition to developing high specification warehouse space, Majaal has diversified into support services, including business administration and logistics support, including 24/7 security, state-of-the-art ICT provisions, transportation assistance and fit-out management services.

Jubran Abdulrahman, managing director of HCE, says: “Majaal is a true economic success story which has consistently delivered on its promises, and through Gulf Industry Fair we are honored to have helped play a part in this success. It is HCE’s intention to ensure that the Gulf Industry Fair maintains the quality as a showcase that has so far helped to provide the positive exposure that supports Majaal’s long-term business development objectives.”