Bahrain Financial Harbour Holding Company (BFHHC) has signed a tenancy agreement with Dubai-based Signature Clubs International (SCI), a renowned investor, developer and operator of exclusive private clubs.

Under the terms of the agreement Signature Clubs International will establish the Capital Club on the two top floors of Bahrain Financial Harbour's East Tower, levels 51 & 52, covering an area of 1,580 sq.m, said an official spokesman.

'The signing of this agreement is a giant stride toward delivering high quality business club services to clients and tenants within an integrated financial sector focused development like BFH,' said CEO, BFHHC, Stephen Rothel.

'We are confident that Capital Club will add significant value enhancing both Bahrain's and BFH's attractiveness as one of the most significant financial and business hubs of the Middle East. As a logical meeting point for business people and the financial community, this new business club will be a major asset to the community,' he added.

As an exclusive business club, Capital Club will offer its members exceptional meeting, networking and entertaining opportunities in sophisticated surroundings with the highest international standards.

Its outstanding features will be the quality of membership, ideal location, superb facilities and ambience, the quality of dining, entertaining and staff and the finest views across the Kingdom, by day and by night

'We are establishing a network of prestigious private clubs in the MENASA region with each club offering its members reciprocal access to other clubs in the Signature network, such as the Capital Club in Dubai International Financial Centre,' said CEO of Signature Clubs International Guy Guillemard.

SCI is the main investor, the developer and operator of Capital Club Limited, the owning company of the Capital Club. SCI has the support of the Abraaj Capital group, as its lead shareholder.  Other clubs are already being developed in the UAE, Istanbul, Amman as well as Bahrain.- TradeArabia News Service