Global Banking Corporation (GBCorp), through its subsidiary, Diyafa Holdings Company has launched operations of Global Executive Offices (GEO), the first initiative of Diyafa in the hospitality sector in Bahrain. 

A premium serviced-offices provider in the Kingdom, GEO has achieved the unique distinction of having 100 per cent occupancy upon launch benefiting from the strategic partnership agreement with Corporate Executive Offices [CEO], an Australian leading provider of quality serviced offices.

GEO offices are located on the fifth floor of the GBCorp Tower, in the Bahrain Financial Harbour. Its impressive client list already includes international law firms, consultancy companies and other international and GCC corporations.

The exclusively appointed offices are elegantly designed, with a unique luxurious hospitality ambience, blending professionalism with comfort and high quality services, the company said.

Companies renting office space take advantage of a complete range of support services, including high speed broadband, video conferencing, dedicated receptionist, concierge service, travel agent, driver, mail handling, photocopying, binding, courier services, secretarial services, conference and meeting facilities.

GEO offers great flexibility in set up and operations, with no confusing commercial lease agreements, minimal start up costs, no costly overheads and no time consuming formalities.

In addition, GEO provides legal and regulatory services, offering companies the benefit of expert legal opinion and advice on adherence to regulatory requirements to facilitate a smooth and simple establishment of operations.

Given the current financial climate, many companies are shelving plans to purchase office space in favour of the more economical and hassle free option of renting serviced offices.

Ahmed Al Khan, chairman of Diyafa Holdings, said, 'Flexibility is key in the present economic scenario. GEO offers businesses the prospect of opening satellite offices, with no upfront capital expenditure. For startups in particular, serviced offices are a cost-effective and uncomplicated solution. It is a low-risk arrangement with immediate functionalities.”

Al Khan said Diyafa's agreement allows 'GEO to draw from the wealth of experience that Corporate Executive Offices has brought to the partnership, to enable us to offer high quality professional services, within the dynamic, economic environment of the Bahrain.'

'The GEO clients will enjoy a superb combination of premium location, supported by a full suite of business facilities. The serviced offices are packaged to boost a company's visibility and corporate identity, within the country and the region,' he added.

Jenny Folley, managing director of CEO in Australia, said the Diyafa partnership had enabled CEO to provide superior services with greater geographic reach.

“Corporate Executive Offices is known internationally for premium locations, quality service and attention to detail. With more than 20 years' experience in the serviced office industry, CEO has a reputation for excellence. Businesses today have to seek property solutions that provide a lot more options in terms of space and length of occupancy,” she added.

Diyafa Holdings will have an international access to the CEO network and services in over 700 exclusive locations worldwide through this agreement.-TradeArabia News Service