Bahrain Duty-Free signs space acquisition agreement with BAC

  • Date: 11-Nov-2022
  • Source: GCC Business News
  • Sector:Transport
  • Country:Bahrain
  • Who else needs to know?

Bahrain Duty-Free signs space acquisition agreement with BAC

Bahrain Duty-Free has signed a new agreement with Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), for the acquisition of more space for its luxury retail offerings at BIA.

The move solidifies the strong growth of the business and cements Bahrain Duty-Free as the leading global travel retailer in the MENA region. The signing ceremony took place at the Bahrain International Airshow 2022, where both BAC and Bahrain Duty-Free were Gold Sponsors.

The agreement was signed by BAC CEO Mr. Mohamed Yousif Al Binfalah and Bahrain Duty-Free Board Director and CEO, Mr. Bassam Al Wardi. In attendance was the Minister of Industry and Commerce and Gulf Air Group Chairman, Mr. Zayed bin Rashid Al Zayani.

Bahrain Duty-Free’s new agreement gives it access to 2,500 sqm of warehouse space at the upcoming Express Air Cargo Village, which will streamline its operations and enhance efficiency. Bahrain Duty-Free will move its refrigerated storage area to within the warehouse and build a new facility with land and airside access.

Bassam Al Ward

Director & CEO

Bahrain Duty-Free “We are once again honored to further strengthen our partnership with BAC. This agreement for new space will enhance our capacity and infrastructure to accommodate future growth