Bahrain Marina Development Company is the master developer of a landmark real estate and tourism project spanning over 250,000 sq m along Manama's eastern coastline, featuring luxury freehold residential units, a five-star hotel, a premium retail and dining destination, sports and entertainment facilities, a state-of-the-art yacht marina, and a contemporary marine club.
The company is a 100% owned subsidiary of the Social Insurance Organization of the Kingdom of Bahrain. The project is estimated to cost BD200m ($530.63m), with the initial development phase alone commanding an investment of BD92m ($244.13m). Phase One of the landmark waterfront destination is now 75% complete, with the project on track for handover in late 2026.
Recent Leadership News
The company announced the formation of its new board of directors under the chairmanship of Reyadh Yousif Sater, and appointed Engineer Hisham Almoayyed as Acting Chief Executive Officer in addition to his responsibilities as Head of Project Development.
Facts compiled by Executive Moves from publicly available news and press releases on 8 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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