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Business: GFH hosts Tunisian President

tunisia pres GFH Financial Group (GFH) and Tunis Bay Development Company (TBDC) boards met with Tunisian President Beji Caid Essebsi yesterday as part of his official visit to Bahrain.

During this meeting, Shaikh Mohamed Ben Duay Al Khalifa, Board member of GFH, and Hisham Alrayes, CEO of GFH and Chairman of TBDC, gave brief to President Essebsi about the latest progress of the Tunis Bay project, GFH’s iconic real estate development in Tunisia.

Alrayes weighed in, “We have been overwhelmed with welcoming and support given to us and to our project during the meeting. We have noticed the new mindset and desire from the new government to drive the economy and support Tunis Bay Project to be the key new destination in Tunis. We have reaffirmed the Group’s investment commitments in Tunisia’s developing economy and we believe this is going to be a unique project in North Africa.”

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