Sakhir, Bahrain: 17 November 2018:A key contract aimed at enhancing the duty free offerings at Bahrain International Airport (BIA) was awarded on the final day of this year’s Bahrain International Airshow, BIA’s operator and managing body, Bahrain Airport Company (BAC) announced. In line with the agreements, Bahrain Duty Free Company (BDFC) will invest a range of retail outlets at the Duty Free, located in the Departures area of the new Passenger Terminal Building.
His Excellency the Minister of Transportation and Telecommunications and Bahrain Airport Company (BAC) Chairman, Engineer Kamal bin Ahmed Mohammed and BDFC Managing Director Abdullah Buhindisigned the 10-year contract. In attendance were BAC Chief Executive Officer Mohamed Yousif Al Binfalah, BDFC General Manager, Bassam Al Wardi and other officials from both companies. BAC, represented by Mr Al Binfalah, and BDFC, represented by Mr Al-Wardi, also signed a 15-year concession agreement.
The 10-year agreement for the operation of retail outlets in the Duty Free area will see leading brands offer a wide selection of products ranging from fashion and accessories to travel bags, eyewear, toys, electronics, and jewellery.
HE the Minister said: “We are very pleased to partner with BDFC and look forward to working together in the coming months to improve the duty free shopping experience. By increasing its investment in BIA’s duty free offerings, BDFCis supporting local businesses and helping to ensure that the aviation sector becomes a key driver for growth in commerce and retail. We are confident that passengers travelling through the new terminal will discover a truly transformed shopping experience.”
MrBuhindiadded: "We are delighted to sign these agreements with Bahrain Airport Company, which will enhance the relationship between our companies and improve the duty free offerings at BIA. We are especially proud to sign the agreement for the operation of core Duty Free categories.We believe that our 27 years of expertise in this area will help toensure travellers at the new Passenger Terminal Building will enjoy a first class duty free experience.”
PARVEZ MUSHTAQ– Shop floor Manager, SUJAT AMEEN- Head of Business Support, NJOOD – Passenger,DOMINIC CARROLL - Head of Finance and SHIBU ABRAHAM – Head of IT and Logistics.
PARVEZ MUSHTAQ – Shop floor Manager, SUJAT AMEEN - Head of Business Support, DOMINIC CARROLL - Head of Finance, NIKKI RUTHERFORD - Passenger, FATIMA BUCHERRI – Duty Manager and SHIBU ABRAHAM – Head of IT and Logistics.
SHIBU ABRAHAM - Head of IT and Logistics, SUJAT AMEEN - Head of Business Support, DOMINIC CARROLL - Head of Finance, ELENA MADANAT - Passenger (Jordanian), JAMAL ALHAJI - BAC Senior Duty Officer (Terminal Services)
PARVEZ MUSHTAQ (Shop floor Manager), HISHAM AL SALOOM (Deputy Head of Operations), SUJAT AMEEN (Head of Business Support), ZARMALA (Passenger), DOMNICK O’REILLY(Head of Operations), HELAL ALSAADOON (Airport Terminal Manager), SALAH ABDULLA (Head of Airlines and Customer Relations)
From left to write Sales Assistant, Dominic Carroll (Head of Finance), Mr. Ammar Hassan Abdulla (Winner), Mr. Sujat Ameen (Head of Business Support), Mrs. Jean Silveira (Head of HR), Mr. Shibu Abraham (Head of IT)
Parvez Mushtaq (Shop Floor Manager), Mr. Domnick O’Reilly (Head of Operations), Mr. Sujat Ameen (Head of Business Support), Mr. Albert Incorporado (Passenger), Mr. Helal AlSaadoon (Head of IT and Logistics), Mr. Richard Wilkinson (Head of Purchasing), Mr. Shibu Abraham (Head of IT)
Mr. Domnick O’Reilly (Head of Operations), Mr. Salah Beshara (Sales Assistant), Mr. Dominic Carroll (Head of Finance), Mr. Bassam Al Wardi (General Manager), Mr. Ahmed Ghazi (Winner), Mr. Sujat Ameen (Head of Business Support), Mrs. Jean Silveira (Head of HR), Mr. Richard Wilkinson (Head of Purchasing)
Pictured above (left to right) Parvez Mushtaq (Shop Floor Manager), Mr. Shibu Abraham (Head of IT), Mr. Sujat Ameen (Head of Business Support), Mr. Domnick O’Reilly (Head of Operations), Mr. Herat Shah (Passenger), Mrs. Jean Silveira (Head of HR), Mr. Dominic Carroll (Head of Finance)
Bahrain Duty Free Complex announced at a meeting of its board of directors on Tuesday, 9th May 2018 the financial results for the three months ended March 31, 2018. Mr. Farouk Yousuf Al Moayyed - Chairman of the Board stated that the company had achieved a net profit of BD 2.7 million compared with last year's earning’s, which amounted to BD 2.2 million , up by BD 554 thousand or 25.1 %. Basic earnings per share amounted to 19.39 fils compared 15.48 fils last year.
Total sales for the three months ended 31st March 2018 were BD 8.6 million compared to BD 7.5 million last year an increase of BD 1.1 million or 15.3%. Shareholders Equity is BD 49.3 million compared to BD 49.9 million last year.
Mr.Abdulla Buhindi added, Profit from Investments recorded an amount of BD 1.3 million compared to BD 878 thousand last year, representing a growth of BD 393 thousand or 44.8%. The Investment portfolio increased by 5.1 % to BD 39.6 million. He went on to say that the company's strategy in the diversification and quality of goods and focus on marketing campaigns and customer services has had a significant impact on sales growth during the period.