Eskan Bank Signs Agreement to Develop Retail Service Outlets in Nabi Saleh, Malkiya, and Al Buhair
Eskan Bank has announced the signing of an agreement with Insha’a W.L.L. to develop retail service outlets in Nabi Saleh, Malkiya, and Al Buhair, following the company’s successful bid in the public tender for the project. This step reflects the bank’s commitment to developing community facilities and services and enhancing quality of life across various areas of the Kingdom of Bahrain.
The total contract value amounts to approximately BHD 371,800. The scope of work includes the construction of 18 retail service outlets and supporting facilities to serve local communities in the targeted areas, while creating investment and commercial opportunities that contribute to supporting economic activities and improving services provided to residents.
The project has a total built-up area of approximately 1,100 square meters, distributed across the three locations. The retail service outlets have been designed to meet the needs of local communities and support entrepreneurs and small and medium-sized enterprises (SMEs), contributing to stimulating commercial activity and providing quality services to residents.
Mr. Ibrahim Jassim, Assistant General Manager of Commercial and Corporate Banking at Eskan Bank, stated: “This project forms part of Eskan Bank’s efforts to develop commercial and service facilities that support residential neighborhoods and enhance citizens’ quality of life. By providing commercial and service spaces that meet residents’ needs, the project will also create economic and investment opportunities for businesses and individuals.”
Mr. Mohammed Jaffar Bujairi, General Manager of Eskan Properties, added: “The signing of the agreement with Insha’a W\.L.L. represents an important step toward commencing the project’s implementation following the company’s successful bid in the public tender. The project will provide modern and diverse retail service outlets that support local communities in Nabi Saleh, Malkiya, and Al Buhair, while optimizing the use of these locations to create added value for residents and entrepreneurs.”
The project is expected to support commercial and service activities in the targeted areas and provide modern facilities that meet residents’ needs. This aligns with Eskan Bank’s commitment to developing projects with sustainable economic and social impact, contributing to the development of local communities and enhancing the urban environment in the Kingdom of Bahrain.