Abu Dhabi-based district cooling company Tabreed has announced the appointment of Ali Al Rumaihi as the country manager for the Kingdom of Bahrain.
In addition to managing the company’s current portfolio of clients, which includes Bahrain World Trade Centre, Bahrain Financial Harbour, Reef Island, and The Avenues Mall, Al Rumaihi will be responsible for expanding Tabreed Bahrain’s district cooling business opportunities.
He brings over 15 years of experience in transactional real estate advisory and investment in Bahrain and the GCC. He has also worked on a range of regional master planned projects, having previously served as Head of Corporate Finance at Bahrain sovereign wealth fund Mumtalakat’s real estate arm, Bahrain Real Estate Investment Company (Edamah), and as an Executive Consultant at Ernst & Young Real Estate and Hospitality Transaction Advisory Services.
Tabreed CEO Khalid Abdullah Al Marzooqi said: “Al Rumaihi joins Tabreed at an exciting time as we gear up for further regional expansion. The Government of Bahrain has announced high-density master developments and key infrastructure projects in the kingdom, where district cooling is going to be a likely choice."
"I am confident that under Al Rumaihi’s leadership, Tabreed will continue to provide exceptional services to our customers and contribute to the sustainable development of Bahrain's economy,” he added.
On his new role, Al Rumaihi said: "Tabreed Bahrain will continue to support sustainable development in Bahrain and will align its business strategy with the kingdom's Economic Vision 2030 and National Energy Efficiency Action Plan (NEEAP)."
"With government vision and support, we believe that Bahrain is perfectly positioned to become a leader in district cooling, significantly reducing carbon footprints in current and future cities within the island, and at the same time, achieving high energy efficiency. I look forward to working with Tabreed’s UAE and Bahrain teams to deliver outstanding services to our clients and explore new opportunities for growth.”
Al Rumaihi holds a Master of Business Administration from the University of Strathclyde, Glasgow, Scotland and a Bachelor of Science in Business and Management from Brunel University, London, England. He is also a Certified Management Accountant (CMA) by the Institute of Management Accountants, New Jersey, US.-TradeArabia News Service