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ABG Tower – Al Baraka Bank

Key Data Corporate Headquarters & commercial office 9-storey duplex building 4-basements for approximately 340 car parking spaces

Project Architects: Enrico Mari Grego Architects (EMGA) Plot: F.01-II

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The New Head Office Building for Al Baraka Banking Group is located within Bahrain Bay. Composed of two Office Towers, it will have 9 levels above ground plus a mezzanine level in addition to four basement levels for car parking and facilities.

The Office Tower will comprise VIP reception areas administrative offices for executives, technical employees and administrators and the podium level will consist of Entrance lobby, retail banking as well as VIP parking.

Al Baraka Banking Group (B.S.C) is licensed as an Islamic wholesale bank by the Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion. It is jointly rated BBB+ (long term) / A3 (short term) on the international scale and A+ (bh) (long term) / A2 (bh) (short term) on the national scale with a Stable outlook by Islamic International Rating Agency & Dagong Global Credit Rating Company Limited, and by Standard & Poor’s at BB+ (long term) / B (short term) with a Stable outlook. Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari’a. The authorized capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 2 billion. The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in fifteen countries, which in turn provide their services through over 611 branches. Al Baraka currently has a strong presence in Turkey, Jordan, Egypt, Algeria, Tunisia, Sudan, Bahrain, Pakistan, South Africa, Lebanon, Syria, Iraq and Saudi Arabia, including two representative offices in Indonesia and Libya.