MANAMA: Ithmaar Development Company (IDC), a specialised company in the development and management of major real estate and other infrastructure projects, and a wholly-owned subsidiary of Ithmaar Group, has announced the launch of its new corporate identity, marking a significant step in the implementation of its strategic plans and reaffirming its vision to become one of the leading real estate companies in the Kingdom of Bahrain.
Following the unveiling of the new brand, IDC has launched its new official website (www.ithmaardevelopment.com) and social media accounts (ithmaardevelopment). Through these platforms, IDC aims to engage investors and all stakeholders, while promoting and supporting the delivery of its advanced real estate solutions and projects.
“IDC, which is a real estate development and property management company, has launched its new corporate identity, featuring a logo that demonstrates the company’s next phase of growth and objectives,” Maysan Faisal Almaskati,” said the Chairman of IDC. “Despite the challenges in the real estate sector and the market conditions, our new corporate identity comes as part of the company’s strategic plans to enhance its performance and deliver innovative solutions that meet the requirements of this phase,” he said.
“IDC efforts are focused on the development and management of real estate projects in order to address the challenges arising from increasing operational costs, intense competition, and unstable market conditions,” said IDC Managing Director, Nayef Nasser Alnasser. “This new corporate identity reflects the company’s strategy and vision to achieve long-term sustainable economic value, in line with its objectives,” he said.
“At IDC, we continue to remain committed to working hard over the coming period to deliver and manage key projects in the real estate sector in line with the Group’s objectives. We will also continue to provide our services and expertise in development and project management to our clients, including investors, institutions, and property owners, to ensure the successful completion of their projects with the highest standards of quality,” said Alnasser. “Furthermore, we will introduce and adopt new initiatives that aim to address the current challenges while driving the Company’s performance improvements and strengthening its strategic vision to achieve growth in the real estate portfolio of the Group,” he said.
