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المنامه، البحرين
Gulf Air, the national carrier of the Kingdom of Bahrain, has signed an investment and transaction advisory framework with Bahrain Real Estate Investment Company (Edamah), under which Edamah will advise the airline on the valuation and strategic management options for its real estate portfolio outside the Kingdom.
The framework agreement was signed on the sidelines of the Gateway Gulf 2026 forum by Martin Gauss, Chief Executive Officer of Gulf Air, and Khaled A. Rahman AlMajed, Chief Executive Officer of Edamah.
Under the agreed terms, Edamah will lead an independent, objective, market-based assessment of Gulf Air’s overseas properties in collaboration with licensed specialist firms in each respective international market. The findings will support Gulf Air in making well-informed decisions regarding its property portfolio, aligning with the airline's long-term growth strategy to focus resources on its core aviation operations.
Martin Gauss, CEO of Gulf Air, stated that the framework represents a key step in strengthening the airline’s core aviation focus and leveraging national expertise to assess its international assets. Khaled AlMajed, CEO of Edamah, highlighted that Edamah will deploy its investment and transaction advisory capabilities to help Gulf Air unlock the full value of its international real estate holdings, advancing broader national economic priorities.
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