Officials from AD Ports Group, Diyar Al Muharraq and Eagle Hills Diyar Company at the signing event.
UAE’s AD Ports Group has signed an initial agreement with Bahrain’s leading real estate firms Diyar Al Muharraq and the Eagle Hills Diyar Company to explore the possibility of developing and operating new cruise infrastructure in the Kingdom.
According to the statement, the initial stage of the collaboration would comprise a series of feasibility studies aimed at identifying investment options as well as the development of new infrastructure and services, based on the country’s potential to become the fourth high-performing cruise destination in the Arabian Gulf.
In addition to locating a viable site for the proposed cruise terminal, which will substantially enhance Bahrain’s current cruise offerings, AD Ports Group has also been assigned the responsibility of overseeing the new facility’s daily operation upon its completion.
Captain Mohamed Juma Al Shamsi Group CEO AD Ports Group
“We are pleased to announce the start of our collaboration with Diyar Al Muharraq and the Eagle Hills Diyar Company, which marks the first step of a joint effort to modernize Bahrain’s cruise offering and enhance the region’s draw for the global cruise market. By leveraging our expertise as a long-standing driver of the Middle East’s cruise industry, we will aid our partners through the initial exploratory efforts to identify avenues of potential investment in infrastructure and industry-leading services, as well as locate a viable site for the new cruise terminal and will oversee its operation once developed.”
Dr. Maher Al Shaer, Managing Director of Eagle Hills Diyar said, “We are proud to be partnering with AD Ports Group to accelerate the Kingdom’s standing as a potential cruise destination. We aim to offer the correct infrastructure to push this partnership forward and capitalize on this opportunity to prominently feature the Kingdom on the global map, positioning the region as a premier travel and leisure destination.”
“As the largest real estate development in the Kingdom of Bahrain, Diyar Al Muharraq aims to highlight the potential growth in the tourism industry and develop newer areas for investment in the Kingdom through meaningful and strategic partnerships across the region,” commented Eng. Ahmed Al Ammadi, Chief Executive Officer of Diyar Al Muharraq.
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