AXA Gulf has signed an MoU with its long-term partner YBA Kanoo Group to create a major new development at Bahrain Bay which will house AXA’s new regional HQ.
Commenting on the announcement, which came following His Majesty King Hamad bin Isa Al Khalifa’s visit to France, Nabeel Khalid Kanoo said: “Both parties are committed to supporting the Kingdom’s economic development and will continue to cooperate with the Economic Development Board of the Kingdom of Bahrain.
The MoU is a testament to the two groups’ shared vision of collaboration and long-term business ventures.”
Extensive work on the 6,000sq/m building is already underway and it is expected to open by late summer this year.
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