Bahrain World Trade Center, Bahrain’s iconic landmark development, has officially announced that BMI Bank (BMI), an associate of BankMuscat, has moved into the development as anchor tenant of the East Tower. BMI’s headquarters occupies five floors spanning 3,000 square meters of space. With this announcement, the BWTC is now 87% leased and over 80% occupied, and is attracting a wide range of leading local and international institutions to set up or expand operations in the Kingdom.

Andrew Bainbridge Chief Executive Officer of BMI, said: “I am delighted to announce our move to the BWTC which will serve as our new headquarters. As one of the best capitalised banks in the Kingdom, we continue to forge ahead with operations in this challenging time.  BWTC offers high standards of quality and an environment ideal for the bank to transact business with the immediate benefit of a network of global business contacts through the World Trade Centers Association (WTCA) network. We have experienced remarkable growth in Bahrain since our inception in January 2005, and the BWTC provides an optimal environment to house our rapidly expanding business.” 

Mr Bob Addison, Country Manager and Director of DTZ, BWTC’s leasing and managing agents, said: “The BWTC does not just provide an office address at the heart of the Kingdom’s business district, it gives our tenants access to an international network of corporations through the WTCA. There is of course the added attractions of Bahrain’s most exclusive shopping centre, MODA Mall and the five-star Sheraton Hotel all located within the development!”

BMI joins other key financial organisations who have moved to the BWTC towers including Kuwait Finance House Bahrain (KFH-Bahrain), a leading provider of Islamic commercial and investment banking services, who is the anchor tenant of the west tower and occupies 5,000 square meters of office space over nine floors.

© 2009 Al Bawaba (www.albawaba.com)