Business Weekly

BMI Bank moves HQ to landmark tower

July 8 - 14, 2009
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Bahrain World Trade Centre, 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 metres of space. With this announcement, the BWTC is now 87 per cent leased and over 80 per cent occupied, and is attracting a wide range of leading local and international institutions to set up or expand operations in the kingdom.

Andrew Bainbridge, CEO 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 Centres 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."

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. 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!"







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