Durrat Khaleej Al-Bahrain held a board meeting to discuss the company's future plans and the required steps to speed the development of this project. At the start of the meeting the new board members were appointed, following the restructure of the company after Kuwait Finance House (Bahrain) bought Dalla Al Baraka's share in this project and became a main partner in the company owning equal shares (50%) with the Government of Kingdom of Bahrain. The new Company's Board consists of the following names: 1. Mr. Yousif Taqi Chairman 2. Mr. Abdulla Ebrahim Al-Rumaihi Deputy Chairman 3. Mr. A.Razaq Jawaheri Member 4. Mr. Mahmood Hashim Al-Kooheji Member 5. Hisham Moayyed Al-Moayyed Member 6. Ebrahim Noor Member During the meeting the new Board appointed Mr. Mahmood Ahmed A.Rahman as the General Manager of the company. The company's board have also discussed the meeting agenda, which included the study and analysis of the bids opening report for the appointment of the International Consultancy Company which will administer and develop the project. The selection of the companies was according to their experience in handling large investment projects such as Durrat Al-Bahrain. The Board has also agreed the role of the appointed Consultancy Company which will include the revision of the general plan of the project and its development taking into consideration the company and investors' ambition to achieve excellence of service comparable to other similar projects worldwide. The aim of Durrat Khaleej Al-Bahrain and its Board is to build a state of the art project in accordance with worldwide standards of quality and design and create investment opportunities comparable to those offered by similar well-known tourist resorts and residential cities worldwide. The company will announce the selected consultancy company once the process is completed and advise of its planned programs to attract new investors. This will include selling and financing properties sold to clients over periods of up to 20 years through the Ijara concept. The company will offer its investors alternative designs for model villas and supervise their construction as part of the new sales strategy that will be announced in the coming few weeks.