Sharjah-based Al Hamad Contracting Company has won the $250 million engineering and construction contract for the Phase 1, Financial Centre, of the Bahrain Financial Harbour (BFH).

The Financial Centre comprises the Dual Towers, the Harbour House and the Financial Mall.
The contract was signed by Esam Janahi, chairman of BFH and Nashat Sahawneh, general manager of Al Hamad, at the  BFH Customer Relations Centre (CRC).
The Dual Towers, each with a built-up area of 71,000 sq m, at 50-levels high will be the tallest buildings in Bahrain. They will comprise business centres, office suites, exclusive residential apartments and health and recreational facilities.
The Financial Mall is an eight-level building with a total built up area of 78,300 sq m. It will house the Bahrain Stock Exchange and other capital markets, a clearing and settlement house and brokerage and trading firms.
The Harbour House is a nine-level building that is circular in plan with an approximate diameter of 28 m. It will provide 10,000 sq m office space for media-based enterprises specialising in business, finance and investment.
Phase 1 of the Financial Centre is expected to be complete in three years time, at the end of first quarter of 2007.
The purpose-built CRC was formally opened by Abdulla Hasan Saif, the Minister of Finance and National Economy, earlier last month.
The centre adjoins the upcoming BFH.
The CRC is expected to initially serve as an information hub that will increase awareness about the various facets of the project.
The CRC will house a library with information on Bahrain and on the dual towers, and also books on how to conduct business in Bahrain. Other features include an auditorium, conference room, a hospitality suite, and a business centre.