01 May 2019
Jarir Bookstore, one the largest retail stores in the GCC, announced that it will open its first branch in Bahrain.
The new branch will anchor a project now under construction by First Bahrain Real Estate Development Company (First Bahrain) in Seef District.
Jarir COO Nassir Al Ageel noted Seef District is the best location for its new branch, due to its attractive investment environment.
He added: “The area is considered to be the prime tourism and commercial destination for residents and tourists in the kingdom, and we believe this showroom will contribute to the overall sales growth of Jarir, which will reflect positively on our shareholders”.
Al Ageel indicated that around $10 million (BD4 million) has been invested in the project, which is set to be open next year. He added that the new showroom will offer a very wide range of office supplies, school supplies, English and Arabic books, arts and crafts, smartphone and laptops and their accessories, and video games.
The new Jarir Bookstore will be integrated into a larger commercial development featuring over 79,000-sq-ft of premium retail space, built on 114,000 sq ft of land. The total project value will be around $36.7 million (BD14 million).
In addition to Jarir, the retail complex will host a mix of cafes, restaurants, entertainment, and retail shops that will offer a unique experience through a mix of drive-up and drive-thru outlets featuring terraced views and outdoor seating.