Mr. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Investment Company, was selected to be among 100 Most Influential Arabs in the World, according to a report revealed recently by Arabian Business Magazine.
Mr. Faisal Faqeeh was ranked 90th on the list, which included the world’s leading businessmen and dignitaries.
This is the widest ever search around the world undertaken by Arabian Business to reveal the best of the best. The magazine has selected 100 Arabs whose impact cannot be disputed. They started searching for high caliber Arabs living in each and every country on the planet. With a long list of more than 1,000 candidates, they were assessed based on the impact that their work has on the public, and their power to influence decisions and the citizens’ views.
On this occasion, Mr. Faisal Faqeeh, Chairman of Bin Faqeeh Real Estate Investment Companycommented, “It is a great honour to be chosen as an influential figure globally. We are very proud of our success story that is being told by our outstanding achievements. I would like to take this opportunity to thank our shareholders and investors for their support and trust.”
“Bin Faqeeh aims to be the benchmark for generating innovative investment opportunities, merging global best practice and local expertise to deliver value adding projects. We aim to be the leading provider of housing solutions.”
“We are very proud to be Bahrain’s leading real estate developer, which seeks to positively influence the Kingdom’s real estate sector through introducing distinctive development projects with attractive and lucrative returns.”
In its report, Arabian Business magazine said that Bin Faqeeh Real Estate Investment Companyhas become a household name in Bahrain that gained prominence regionally. The privately-owned company has become a significant real estate investor in the Middle East under the leadership of Chairman Faisal Faqeeh.
The magazine added that Mr. Faqeeh launched the company in 2008, with a total capital of $53m and, despite challenging circumstances in the region, it has developed more than $1.2bn worth of projects in less than a decade. Earlier this year, Bin Faqeeh began delivering $270m worth of real estate development projects to owners, including Plus, The Nest, Tweet and The Grand. It continued the construction of the ambitious 588-unit Water Bay development. The company also has started construction work in Alsidra – a luxury villa community with 465 villas located at Diyar Al Muharraq. Last month, the company launched Bahrain’s first real estate app for smartphones, which gives users information on its projects, including photos and videos.
In less than a decade, Bin Faqeeh has successfully established itself as leaders in the market. The company aims to be the benchmark for generating innovative investment opportunities, merging global best practice and regional investment acumen to deliver profitable and value adding ventures to shareholders, clients, business partners, employees, and the communities it serve.