January 2026 (Manama, Bahrain) – Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, officially inaugurated Sitra Service Station, in the presence of senior government officials and industry leaders, including H.E. Dr. Mohamed Bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs; Mr. Fawzi Ahmed Kanoo, Group Chairman of Yusuf Bin Ahmed Kanoo, Mr. Essa Najibi Chairman of Bapco Tazweed, alongside other senior management members of the YBA Kanoo Group and key partners of the station.

Sitra Service Station reflects Kanoo Real Estate’s continued focus on delivering high-quality, community-oriented developments that support economic diversification and evolving mobility and lifestyle needs, while strengthening sustainable, value-driven partnerships across sectors including automotive, retail, financial services and F&B, marking a significant addition to Bahrain’s infrastructure landscape and reinforcing private-sector collaboration in advancing integrated urban destinations.

Commenting on the opening, Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, said: “Sitra Service Station reflects Kanoo Real Estate’s commitment to delivering integrated developments anchored in long-term value. This project goes beyond a conventional service station to deliver a destination that supports mobility, commercial activity, and community needs, while contributing meaningfully to Bahrain’s urban and economic landscape.”

Mr. Mohsin Haji, Acting CEO of Kanoo Real Estate, added, “The project was delivered with a strong focus on usability, accessibility and long-term performance. Integrating automotive services, retail, essential conveniences and F&B outlets along with EV charging stations within a single destination, which addresses evolving market dynamics and community requirements, creating a seamless and versatile environment for residents, visitors and businesses alike.”

Strategically located on Shaikh Jaber Al Ahmed Al Sabah Highway, the Sitra Service Station spans more than 25,000 square meters, positioning it among the Kingdom’s largest service stations. The development has been designed as a fully integrated service destination, featuring eight drive-thru units, 12 retail outlets with mezzanine levels hosting a curated mix of international and local brands, extensive parking capacity, a car care center, dedicated EV charging stations, and essential convenience services including a complete supermarket, pharmacy and drive-thru ATM machines.

Manama, Bahrain – [December 8, 2025]: The National Bank of Bahrain (NBB) has signed a non-binding Memorandum of Understanding (MoU) with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their landmark developments across the Kingdoms of Bahrain and Saudi Arabia, starting with Al Nakheel Villas in Saudi Arabia.

The partnership brings together NBB’s financial expertise with Kanoo Real Estate’s dynamic portfolio, making way for several high-profile projects and residential developments, such as Al Nakheel Villas that is set to enrich the community living experience in the city of Khobar in the Kingdom of Saudi Arabia

Commenting on the MoU, Ali Abdulkarim, Group Chief Executive – Corporate & Commercial Banking at NBB, stated, “Our longstanding relationship with Yusuf Bin Ahmed Kanoo Group has been built on mutual trust and shared values, and we are pleased to take this collaboration further through our partnership with Kanoo Real Estate by  financing of their distinguished projects. This agreement reflects our role as a strategic financial partner for ambitious developments that align with national and regional growth priorities.”

Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, added, “We are pleased to collaborate with NBB in what we believe is a pivotal step in our mission to deliver transformative developments in Bahrain and Saudi Arabia, with the inaugural development of this agreement being Al Nakheel Villas in Khobar, Saudi Arabia. By combining our diversified property portfolio with NBB’s extensive financial services expertise, this partnership will enable us to offer unique offerings built to substantially enhance the quality of life for the people of both countries.”

This MoU reflects a shared commitment to shape the region’s evolving real estate landscape through projects that deliver tangible value to communities, investors, and the wider economy.

BBK, a leader in retail and corporate banking in the Kingdom of Bahrain, has signed a strategic partnership agreement with Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, to expand the range of mortgage solutions available to its clients. The agreement was formalized on the sidelines of Cityscape Bahrain 2025, held from November 25 to 29 at Exhibition World Bahrain.

Through this collaboration, BBK customers will benefit from flexible and competitive mortgage finance options for properties and projects developed  by Kanoo Real Estate. The mortgage finance program includes several key advantages such as competitive interest rates, convenient repayment plans, and fast approval processes, all tailored to support citizens and residents in owning property in prime locations, in line with BBK’s ongoing commitment to promoting housing stability and financial inclusion.

As part of the partnership, BBK and Kanoo Real Estate have also collaborated on the launch of two new ATMs at the newly opened Sitra Service Station. One of the ATMs will operate as a smart machine, designed to provide a full range of modern banking services, including cash and cheque deposits, instant customer data updates using CPR, cardless withdrawals via ID or mobile phone, cheque book requests, Al Hayrat top-ups, as well as bill payments for BBK and CrediMax credit cards and telecommunications companies such as Batelco and Zain. The second ATM will feature a convenient drive-through service, providing customers with quick and secure access to essential banking services around the clock.

Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, said: “We are proud to partner with Kanoo Real Estate, one of the Kingdom’s most prominent real estate developers. This collaboration aligns with our strategic vision to provide innovative and comprehensive financing solutions that support our

customers’ housing aspirations and facilitate property ownership in prime locations. Our goal is to offer mortgage options that combine competitive terms with efficiency and convenience, reflecting BBK’s continued dedication to enhancing customers’ wellbeing and contributing to Bahrain’s urban development.”

Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate commented, “We are delighted to partner with a leading financial institution like BBK in this significant step that reflects our shared commitment to supporting Bahrain’s real estate sector and expanding opportunities for home and land ownership. This partnership also aims to deliver accessible and innovative mortgage solutions for investors and individuals interested in our real estate developments. Additionally, our collaboration in launching BBK’s new ATMs at Sitra Service Station will enhance customer convenience and elevate the overall banking experience.”

Manama, Kingdom of Bahrain – November 2025: Affirming its strong commitment to expanding its expansive and diverse real estate portfolio across the Kingdom of Bahrain and the GCC—and following the success of its commercial development “1890 Boulevard” in Bahrain—Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, has signed an agreement with Mohammed Salahuddin Consulting Engineering Bureau (MSCEB) to provide the Architecture & Engineering designs for its upcoming retail and F&B project, “Pier 1890.”

The signing ceremony took place during Cityscape Bahrain, in the presence of Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, Architect Thamer Salahuddin, Vice Chairman and Managing Director of MSCEB, Mr. Mohsin Haji, Acting CEO of Kanoo Real Estate; and Mr. Ahmed Salahuddin, Administrative & Financial Associate at MSCEB, along with several senior representatives from both organizations.

MSCEB—one of the region’s most established Architecture & Engineering consultancies with a distinguished 55-year history—has been signed by Kanoo Real Estate to deliver the primary Architecture & Engineering designs for the retail and F&B development “Pier 1890.” Their scope includes shaping the architectural vision and overseeing all design stages and architectural drawings.

Aligned with the Kingdom of Bahrain’s Vision 2030, which aims to cultivate dynamic and vibrant communities, and strategically located along Shaikh Hamad Causeway connecting Manama and Muharraq, “Pier 1890” will be a landmark waterfront destination covering a built-up area of 3,500 m². The project has been designed as a lively waterfront hub integrating restaurants, cafés, retail spaces, and leisure areas with captivating views of the Manama and Muharraq skylines.

The development sits on a 10,921 m² plot and emphasizes public plazas, courtyards, and a waterfront promenade to create a seamless transition between land and sea. Its timeless design and family-focused experience draws inspiration from the deep-rooted heritage of the Yusuf Bin Ahmed Kanoo Group with a modern interpretation of the heritage in Manama, as well as the Kanoo family being among the key merchants in Manama’s Souq is where the concept originated and where authenticity is manifested in every corner, and the future vision is reflected in the finest architectural details. In addition to world-renowned waterfronts such as Galata port Istanbul and Al Seef Dubai, offering a contemporary architectural language enriched with lush landscaping shaped around the concept of “drops of water.”

Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, commented on the partnership, saying:
“Our collaboration with MSCEB for the ‘Pier 1890’ project marks a significant milestone in Kanoo Real Estate’s expansion journey. It embodies our firm ambition to create vibrant, multi-use commercial destinations across the GCC. This project aligns with the Kingdom’s Vision 2030 to build a dynamic and prosperous society. We remain committed to delivering exceptional developments that meet the needs of the Bahraini market and community, while contributing to urban progress and economic growth. We have full confidence in MSCEB’s ability to transform our vision into a tangible reality.”

Architect Thamer Salahuddin, Vice Chairman and Managing Director of MSCEB, also stated:
“This project represents a significant achievement—not only for our company but also for Bahrain’s evolving urban and real estate landscape. We are delighted to collaborate with Kanoo Real Estate to deliver this pioneering development that merges innovative design with sustainable practices, enriching the community and enhancing the quality of life for its residents and visitors alike.”

The “Pier 1890” development is envisioned as a lively destination that brings together commercial and leisure spaces, fostering social connectivity and offering a distinctive experience. Its design will embody the latest architectural approaches and advanced technologies.

Salahuddin added:
“At MSCEB, we are committed to designing spaces that inspire and harmonize with their surroundings. Our team is dedicated to creating a sustainable and dynamic environment that blends functionality with aesthetic appeal. We look forward to our close collaboration with Kanoo Real Estate and all stakeholders to ensure that ‘Pier 1890’ not only meets expectations but exceeds them.”

As a leading firm renowned for its innovation and pursuit of excellence, MSCEB aims to establish “Pier 1890” as a benchmark for future urban developments across the GCC, highlighting the power of architecture to shape and enrich the built environment.

Founded in 1890, Kanoo Real Estate has emerged as a cornerstone of YBA Kanoo’s expansion. With a rich history spanning over a century, the company has evolved into a vital division dedicated to fulfilling the real estate needs of the esteemed YBA Kanoo Group. Over the years, Kanoo Real Estate has made a lasting impact on the urban landscapes of Bahrain, Saudi Arabia, and the UAE.

Media Publication Contact:

Husain Aljufairi

Assistant Corporate Communications Manager – MSCEB
Husain.aljufairi@msceb.com

+973 66333066

November 2025 (Manama, Bahrain) – Kanoo Real Estate, a division of the Yusuf bin Ahmed Kanoo Group, has signed an agreement with Bahrain Commercial Facilities Company ‘BCFC’ to launch its new branch at Sitra Service Station within the company branch network, aimed at delivering top-tier financial services to customers visiting the station.

The signing ceremony took place at the Yusuf Bin Ahmed Kanoo Group’s headquarters, Kanoo Tower, with the presence of Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, Mr. Abdulla Bukhowa, CEO of Bahrain Commercial Facilities Company, alongside Mr. Mohamed Abdulelah Al Kooheji, Group CEO of the Yusuf Bin Ahmed Kanoo Group, Mr. Mohsin Haji, acting CEO of Kanoo Real Estate and Mr. Mohamed Jehad BuKamal, Deputy CEO of Bahrain Commercial Facilities Company.

Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate has commented on the agreement, stating, “This collaboration marks an important step in our efforts to make Sitra Service Station a vibrant hub offering a wide range of services across automotive, financial, retail and F&B sectors. Bahrain Credit has built an outstanding reputation for its financial services, and we are pleased to welcome them as a valued partner in this venture.”

Mr. Mohsin Haji, acting CEO of Kanoo Real Estate, stated, “Sitra Service Station continues to demonstrate strong growth and attract exceptional service providers such as Bahrain Credit. This agreement aligns with our long-term vision for the station to become a multifaceted and dynamic station that delivers value and convenience.”

This partnership aligns with Kanoo Real Estate’s ongoing efforts to contribute in advancing the Kingdom’s urban development and economic diversification through strong private-sector collaboration. It actively supports the development of integrated service destinations that enhance community living and support the Kingdom’s long-term growth vision.

Mr. Abdulla Bukhowa, CEO of Bahrain Commercial Facilities Company, commented, “We are delighted to partner with Kanoo Real Estate as we bring our services to this upcoming destination. The new branch will provide customers with added convenience and accessibility through its prime location within the development. Our goal is to continue supporting individuals and businesses in achieving their financial aspirations while contributing to Bahrain’s growing service landscape.”

Located on Shaikh Jaber Al Ahmad Al Subah Highway, Sitra Service Station is one of Bahrain’s largest service stations, spanning over 25,000 square meters. The development is set to feature 8 drive-thru units, 12 retail shops with mezzanines of popular international and local brands, ample parking, a car care center and dedicated EV Charging stations, in addition to several convenience outlets which include a supermarket, pharmacy and drive-thru ATM machines.

Kanoo Real Estate has announced the construction completion of its latest residential projects, Ahmedia Housing Complex, in the city of Khobar, Kingdom of Saudi Arabia. In addition to the inauguration of its mockup villa, in the presence of Mr. Fawzi Ahmed Kanoo, Deputy Group Chairman of the Yusuf Bin Ahmed Kanoo Group, alongside a number of senior management members from the company.

The Ahmedia Housing Complex represents a strategic step within Kanoo Real Estate’s continuous efforts to expand and strengthen its expansive real estate portfolio in the Kingdom of Saudi Arabia. This aligns with its vision to build vibrant communities through several iconic mixed-use projects.

Mr. Mohamed Abdulelah Al Kooheji has been selected for the Forbes Middle East Most Impactful Real Estate Leaders in the region – 2025.

This achievement was followed by Mr. Mohamed Abdulelah Al Kooheji’ssuccessful efforts in leading the expansion of the company’s diverse real estate portfolio through the announcement and completion of multiple mixed-use developments in the Kingdoms of Bahrain and Saudi Arabia in 2024, which are aligned with the company’s strategic objectives and delivery timelines, while achieving an exceptional high occupancy rate through proven operational and administrative efficiency

February 4 2025: Kanoo Real Estate has proudly announced the completion of the Kanoo Museum in Souq Al Manama. Built on the very site of the historic Yusuf Bin Ahmed Kanoo headquarters, this 7,000 square meter museum honors the company’s legacy. It beautifully preserves the iconic steel structure of the original headquarters, seamlessly integrating it with modern design and technology to create a captivating journey through the family’s rich history and its contributions in trade.

The museum, set to open its doors to the public in during the second quarter of the year, is poised to become a lively cultural hub, offering everything from permanent and temporary exhibitions to a modern library, galleries, workshops, and an auditorium, highlighting the perfect balance of preserving history while embracing innovation, all with a focus on sustainability and modernity

December 2024 (Dubai, UAE) – Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, has been awarded three prestigious honors at the 2024 Arabian Property Awards: Best Mixed-Use Development Bahrain for Sitra Service Station, Best Retail Development Bahrain for 1890 Boulevard, and Best Mixed-Use Architecture Bahrain for Sitra Service Station (5-Star Winner).

The 2024 Arabian Property Awards, attended by industry leaders and experts, is considered the most prestigious award ceremony in the real estate development industry, recognizing excellencein the region and judged by an independent panel of over 100 esteemed industry professionals.

Mr. Mohamed Abdulelah Alkooheji, Chief Executive Officer of Kanoo Real Estate, remarked, “It is an honor to be recognized with these prestigious awards. Both Sitra Service Station and 1890 Boulevard reflect our vision of delivering developments that address market needs while elevating Bahrain’s urban landscape.  This recognition inspires us to continue raising the bar in Bahrain’s real estate sector and beyond. Our recent announcement of two flagship mixed-use projects in Riyadh marks a significant milestone in our journey to expand our property portfolio and strategic pipeline, solidifying our real estate presence in the region.”

Mr. Mohsin Haji, Head of Business Development at Kanoo Real Estate, added, “These awards are a direct result of the hard work and dedication of our team. Sitra Service Station and 1890 Boulevard are prime examples of our focus on developing projects that create lasting economic impact. As we continue to innovate, our aim is to create spaces that enhance both the business landscape and the quality of life for residents.”

Sitra Service Station, is a mixed-use development spanning over 24,373 square meters and strategically located along the prominent Jaber Al-Ahmad Al-Sabah commercial highway in Sitra. As the largest service station of its kind in the Kingdom, it offers exceptional visibility and access, serving a wide range of businesses with modern facilities and services tailored to diverse customer needs, ensuring convenience for on-the-go. The project was in collaboration with Saleh Abdullah Kameshki & Sons, the main contractor, and Bahrain Engineering Bureau (BEB), the consultant, ensuring a seamless execution that aligns with Kanoo Real Estate’s high standards.

1890 Boulevard, located in the vibrant Seef district, is a premier leisure and retail destination. The development offers 5,152 square meters of commercial space, combining food and beverage outlets with specialty retail stores. Pedestrian-friendly walkways and outdoor dining areas make 1890 Boulevard an ideal location for both residents and tourists. Mohamed Salahuddin Consulting Engineering Bureau (MSCEB) was appointed as the consultant and supervision of the project’s construction, ensuring the highest standards of quality and functionality.

Kanoo Real Estate, one of the region’s leading real estate companies and a division of the Yusuf bin Ahmed Kanoo Group, has been awarded with two prestigious accolades from Global Business Outlook, a global and renowned media institute that recognizes excellence and innovation across various business sectors. The London-based publication has recognized Kanoo Real Estate as Best Commercial Real Estate Developer – 2024 in Bahrain, and 1890 Boulevard as Best Retail Development Project – 2024 in Bahrain.

These recognitions are a testament to the company’s endeavors and unwavering commitment towards achieving excellence and innovation in the Kingdom’s commercial real estate sector, by striving to set new retail benchmarks through the Global Business Outlook-acclaimed project 1890 Boulevard, in addition to exemplifying the company’s dedication to providing exceptional customer service and convenience at Sitra Service Station, which is planned to be open to the public this year. This follows the company’s previous success in the World Business Outlook Awards, where it was named Best Full Range of Real Estate Solutions Provider in Bahrain for the year 2024.

Commenting on this occasion, Mr. Talal Fawzi Kanoo, Chairman of Kanoo Real Estate, stated: “We are extremely proud to see Kanoo Real Estate and one of our latest retail projects,1890 Boulevard, being recognized by an esteemed publication such as Global Business Outlook, as these achievements underscore our commitment to excellence in design, functionality and customer service, and pushes us to continue to deliver projects that contribute to the growth and development of our Kingdom.”

Meanwhile, Mr. Mohamed Abdulelah Al Kooheji, Chief Executive Officer of Kanoo Real Estate commented: “We are thrilled to receive these prestigious awards from Global Business Outlook. These recognitions validate our team’s unwavering dedication to excellence and our commitment to pushing the boundaries of real estate development in the Kingdom. 1890 Boulevard exemplifies our vision for offering vibrant, sustainable, and thriving spaces that enrich the lifestyles of our communities, it also marks the beginning of many upcoming waterfront, retail and mixed-use developments across the Kingdoms of Bahrain and Saudi Arabia, particularly in the city of Riyadh. We are dedicated to catering to the evolving needs of our society and look forward to reaching even greater heights.”

The Global Business Outlook Awards celebrate the best companies in the real estate sectorand beyond. The process of evaluation of the winners is based on a combination of qualitative and quantitative factors, including company size, innovation, leadership, efficiency, and other key performance indicators.

About Kanoo Real Estate:

Since its inception in 1890, Kanoo Real Estate managed the Yusuf Bin Ahmed Kanoo Group’s asset requirements commercially. With an expansive portfolio of mixed-use, industrial, residential, office and retail properties, Kanoo Real Estate has a significant regional footprint in major cities throughout the Kingdom of Saudi Arabia, Bahrain and the United Arab Emirates.

Kanoo Real Estate’s excellence in asset management is a testament to our commitment to precision, sustainability, and strategic foresight. Fostering a portfolio that stands resilient in the fact of industry changes and consistently delivering on our promise of exceptional real estate solutions.

Media Publication Contact:

Eman Mohamed Hadi

Marketing & Branding Manager of Kanoo Real Estate

Eman.hadi@kanoo.com

+973 39634080