GFH Properties launches Harbour Row residences

GFH Properties is also showcasing offerings to visitors at The Avenues with a sales center booth located in the heart of the mall.
Updated 16 June 2019
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GFH Properties launches Harbour Row residences

GFH Properties, the real estate arm of GFH Financial Group, has launched sales for its Harbour Row residences with a financing plan that enables prospective buyers to purchase a home in one of Bahrain’s best waterside locations.
GFH Properties is also showcasing offerings to visitors at The Avenues with a sales center booth located in the heart of the mall.
Harbour Row is situated at the Bahrain Financial Harbour in the heart of Manama within close proximity to all the city’s major commercial centers and prime lifestyle and tourist attractions. The development is made up of six buildings, split between the West and East side, four of which are residential buildings consisting of 322 apartments, with the other two buildings set to house a five-star hotel and 150 hotel apartments.
Sales and an exclusive financing package have now been launched for luxury, state-of-the-art studios, one-, two- and three-bedroom apartments and penthouses with private swimming pools. The first installment of 15 percent is due 14 days from booking, a second installment of 15 percent due on handover, with the remaining 70 percent to be paid thereafter in 60 equal monthly installments.
Laith Al-Memar, acting CEO of GFH Properties, said: “We are delighted to continue to report strong development progress at Harbour Row, which now enables us to launch sales of these luxury residences. There is strong demand for centrally located, high-end waterside living in Bahrain and there is no better option for buyers than Harbour Row.
"Future residents can now book and purchase their properties through a flexible and well-planned financing package that we’ve designed to serve various segments of the market. We look forward to further rapid progress at Harbour Row and to welcoming future residents to this one-of-a-kind project.”


ICD & We-Fi empower women entrepreneurs

Updated 18 September 2019

ICD & We-Fi empower women entrepreneurs

With the aim of discussing how the Islamic Corporation for the Development of the Private Sector (ICD) and the Women Entrepreneurs Finance Initiative (We-Fi) can expand their relationship and integrate the gender themes into ICD’s operations and businesses, a meeting was held between Ayman Amin Sejiny, CEO of ICD; Wendy Teleki, head of We-Fi secretariat; and Samir Suleymanov, director strategic initiatives, World Bank, at ICD’s premises in Jeddah recently. The parties discussed the development and promotion of women’s entrepreneurship through innovative sustainable solutions to increase women’s access to economic opportunities in developing countries. 

Teleki highlighted the main objectives of We-Fi, which is to support women entrepreneurs around the world through programs that provide financing, capacity building and also promote enabling environments that allow women to become entrepreneurs and grow their businesses. We-Fi uses an ecosystem approach to develop programs at the country level that will break down barriers and create more opportunities for women.

During the meeting, Ayman said: “ICD and We-Fi are working together to enhance their initiatives and mandates in supporting the female society in all ICD’s member countries. We want to ensure that our lines of finance and our relationship with the 102 directly connected financial institutions we are dealing with will further enhance the funding, training to women entrepreneurs and to provide the required necessary support to women in all our member countries.”

Teleki said that We-Fi has six implementing partners (IP) and the Islamic Development Bank (IsDB) is one of them. “IsDB, along with ICD is supporting women entrepreneurs in fragile countries. In Yemen, they have a very interesting ongoing program named BRAVE Women. They target to train up to 500 women to learn to develop business plans in fragile and high-risk contexts and up to 400 of them will get access to funding on a matching grant basis. This program aims also to develop the relationship between those women entrepreneurs with the local banks and also lead companies to make sure those women have access to finance and markets to grow their businesses. Moreover, the IsDB and ICD will be implementing soon this BRAVE Women program in two other countries to improve the women’s entrepreneurship potential in key economic sectors and we look forward to seeing those programs happening in future,” she said.

We-Fi is a global platform that seeks to support over a 100,000 women around the world in the next five years and mobilize at least $2 billion from the public and private sector for further activities.