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Bahrain This Month - August 2012

Page 70

AL NAMAL GROUP

Beyond the Horizon When he set foot in Bahrain in 1986, little did he dream of building a business empire created by the subsequent construction and real estate development boom on the island.

Varghese Kurian

An enterprising honcho, Varghese Kurian today holds the reins as managing director of the Al Namal Group of Companies, designed to take Bahrain into an era of new age development. A visionary, this ebullient personality came to Bahrain armed with a civil engineering degree and with some experience from a family-owned construction business. Having worked with a construction company until 1992, Kurian mapped out his success by establishing his own company. What started as a construction company eventually mushroomed into a gargantuan network hosting industrial activities in addition to property and real estate. The business is also segmented into interior designing, dredging, trading and the hospitality industry. “The steps taken by the government and the ruling family to allow free companies and organisations to flourish without interference has considerably enhanced the business reputation of Bahrain. Deals such as the FTA with the US have only added to the attractiveness of the Kingdom for both local and overseas investors,” he notes. Two decades is an aeon in this business. Together with his enviable team of experts, the developers will offer Bahrain a five-star hotel along with residential apartments, two 43-storey towers in Juffair and two malls in Al A’ali and Hidd. Kurian also plans on including establishing local branches of leading Indian international schools and universities in the Kingdom, as well as hospitals and other industries. “I believe that every man who has a vision must work towards realising it. This feat is possible only through hard work and perseverance,” Kurian adds. E Call 17 251-131.

India In Bahrain BTM August 2012 69


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