INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Bahrain mall eyes $159m expansion

  • The expansion will add a leasable area of approximately 40,000 sq m to the shopping center
  • The total gross leasable area will reportedly be approximately 77,500 sq m

The Avenues shopping mall in Bahrain will launch an expansion plan with a layout of about BD60 million ($159.15 million), local reports have said.

The work on the Phase II expansion of the project will be launched in the third quarter of this year, said the reports.

It will add a leasable area of approximately 40,000 sq m, according to the local reports.

The expanded area is expected to include 218 stores and restaurants, two entertainment zones, a supermarket, and a basement car park with 1,330 parking spaces.

The combined gross leasable area of both phases will reportedly be approximately 77,500 sq m.

The phase is expected to include new districts which promise a modern shopping experience.

They will include The Forum, Grand Plaza, Electra, The Souk, and an expansion of Grand Avenue.

The project will reportedly expand the public promenade by an additional 600 meters west along the waters of Bahrain Bay.

The Avenues said this would make it the largest entertainment center facing the sea, with a total length of approximately 1.3 km.

The Avenues management has announced that Phase II is projected to be completed by Q4 2023, having already obtained the necessary approvals from government authorities.