Abu Dhabi Investment House appoints Chairman of Porta Reef Real Estate Project

Abu Dhabi Investment House (ADIH), one of the leading financial institutions in the Middle East, has appointed of Fawaz Ali Al Jowder as Chairman of the Porta Reef real estate project, part of the luxurious man-made Reef Island being developed on the coast of Manama, Bahrain.

Mr. Al Jowder, will be responsible for leading the executive team in charge of the development and driving the project to successful delivery against targets. He joined ADIH early 2006 and currently holds the position of Regional Director - Investment Placement, UAE and Oman. Al Jowder joins the Porta Reef project with extensive real estate development experience from across the Middle East and joins the project at a time when the project is enjoying a high level of interest and demand from investors.

In previous roles Al Jowder contributed to establishing the Consumer Finance Department and the Investment Placement Department of the Kuwait Finance House (KFH), Bahrain. He was one of five employees recognised by KFH Bahrain as a top employee for the year 2005.

Mr Al Jowder holds a bachelor of science degree with a major in Business Administration from The Citadel, The Military College of South Carolina, He also holds a Diploma in Supervision Skills for Management from the University of Bahrain.

Porta Reef is part of the most recent real estate projects of ADIH. Strategically located in the heart of Manama, this project with the unique water front consists of three buildings located on the Reef Island in the Seef Area and aims to attract Bahrain's high net worth individuals and GCC families who are looking for a luxurious second home. The US$1.25 billion freehold development project will cover an area of 579,000 square meters. It is a joint venture between the Bahrain Government and Mouawad Group for Real Estate Development Company.

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