Bahrain’s GFH rebrands flagship project to ‘Harbor Heights’

Featuring advanced engineering and architectural designs, Harbor Heights, located in the heart of the Bahraini capital, consist of one- to five-bedroom apartments. Some of the key facilities include a super penthouse, health club and spa, swimming pools, manicured gardens and several recreational amenities.
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Updated 01 July 2020

Bahrain’s GFH rebrands flagship project to ‘Harbor Heights’

GFH Properties, the real estate arm of GFH Financial Group, has announced the rebranding of one of its flagship projects — the Villamar development — to “Harbor Heights.” The change comes amid the continued upgrading and strong advancement of the project whose progress has been recognized at the recent holding of the Ministerial Committee for the Development and Infrastructure Projects by Shaikh Khalid bin Abdullah Al-Khalifa, deputy prime minister of Bahrain, who applauded GFH for its commitment to finishing the project and achieving the further transfer of units to owners. 

The “Harbor Heights” name has been selected to better capture the landmark development’s prime harbor location and in line with the significant enhancements that continue to be made to the project, bringing its value proposition and market positioning to new “heights.” 

With the upgrades made to the development, “Harbor Heights” is set to emerge as one of Bahrain’s most advanced, luxury mixed-use residential, retail, hospitality and leisure complexes. The property is spread across 35,900 square meters, featuring a built-up area of more than 250,000 square meters. 

Harbor Heights includes five main elements namely: The Three Twisting Towers, Lifestyle Apartments, Terraced Villas, Terraced Podium and Sky Villas. Featuring advanced engineering and architectural designs, the project consists of one- to five-bedroom apartments. Some of the key facilities include a super penthouse, health club and spa, swimming pools, manicured gardens and several recreational amenities. 

Shaikh Hamed Al-Khalifa, CEO of GFH Properties, said: “We’re extremely pleased to announce another major milestone for this iconic project and the unveiling of a new brand ‘Harbor Heights’ that better encapsulates the essence of this project and the world-class lifestyle destination that we are establishing. Already designed to the most exacting standards, we continue to make strong enhancements to the project ensuring the delivery of Bahrain’s most luxurious, dynamic and sought-after residences and retail and hospitality complex.

“With over 150 residential units handed over in the completed Tower B, we continue to show our commitment to delivering value to buyers, investors and our partners. I’d like to take this opportunity to thank the government of Bahrain and in particular Shaikh Khalid bin Abdullah Al-Khalifa and the Ministerial Committee for the Development and Infrastructure Projects for their tremendous support for the project and their efforts to help us bring to life another major center for business, leisure and tourism in the Kingdom.” 

Show apartments, which have been upgraded and furnished,, are ready to view with a limited number of units still available to purchase with GFH’s 5-year payment plan.

GFH Properties is a specialist real estate developer currently managing up to $1 billion worth of end project value. The company has a portfolio of multiple landmark projects known for innovation.

Digital transformation to create 1 million Saudi jobs

Updated 21 September 2020

Digital transformation to create 1 million Saudi jobs

Speakers and experts at an international conference revealed that an estimated 1 million jobs are expected to be created in the Kingdom over the next five years, due to the acceleration of digital transformation in several industries and sectors during the COVID-19 pandemic.

Nasser bin Suleiman Al-Nasser, chief executive of the STC Group and head of the Digital Transformation Working Group of the Saudi B20 business group, participated in an interactive session titled “Digital Transformation: The Future After the COVID-19 Pandemic,” which was held recently and included the participation of representatives from the B20 business group in 20 countries.

Al-Nasser explained that future jobs will depend entirely on technology and innovation, noting the gender disparity in the field of technology. It is therefore significant to empower women entrepreneurs and work together with governments to create targeted employment programs, designed to involve and qualify women in the technical sector while encouraging their promotion to leadership positions.

“We need to ensure that young women receive training and guidance when they enter the job market or start their own businesses, and the Kingdom has adopted many initiatives and investments to qualify young men and women through education,” he said. “In 2019, the Kingdom allocated SR1 billion ($266 million) to support universities in preparing students for the job market.”

The Saudi B20 and OECD (Organization for Economic Cooperation and Development) organized a virtual meeting, where a number of key government actors and G20 members presented recommendations and exchanged experiences on future investments, digital transformation, sustainability and 5G-based digital solutions.

The Saudi business group is committed to providing recommendations that promote the implementation of robust policies through transparent dialogue and constructive cooperation with all relevant parties, supported by a group of international organizations that act as knowledge and communication experts. It is the official platform of the business community at the G20 summit, and plays a representative role for the private sector before the group.

Maadad Al-Ajmi, head of the working group of the B20 Saudi Arabia Integrity and Compliance and vice president and general counsel for legal affairs at STC, participated in a session dedicated to compliance and integrity. Nasser Al-Jareed, head of the Workers’ Communication Group of the B20 and director of the Workers’ Committees Support Program at STC, was also a participant.

The Kingdom has taken qualitative steps toward ensuring a speedy development toward digital transformation through the adoption of state-of-the-art telecommunications and ICT technology, thereby facilitating the transformation toward a knowledge economy and e-commerce. These efforts ultimately aim to achieve higher satisfaction rates and quality of living for both citizens and residents, facilitating their everyday lives.