Seef Properties signs agreement with EWA to join KAFA'A program
Part of Bahrain's broader strategy to promote energy sustainability and reduce carbon emissions, the KAFA'A Program is in line with regional efforts across the GCC to achieve clean and sustainable energy goals. It is considered one of the Kingdom's key national projects supporting its commitment to reaching carbon neutrality by 2060, contributing to the region's drive to address climate change and diversify energy sources.
Seef Properties Chief Executive Officer, Ahmed Yusuf said: 'Our participation in the KAFA'A Program underscores our commitment to improving energy efficiency across our destinations. We are dedicated to adopting best practices in environmental sustainability, advanced technologies, and digital systems to optimize the management and operation of our properties. This step highlights the value of collaboration with government entities in achieving sustainable development goals and reinforces Seef Properties' role in supporting Bahrain's efforts to promote environmental sustainability and responsible resource use, in line with Bahrain Economic Vision 2030.'
The agreement marks another milestone in Seef Properties' ongoing efforts to implement smart, sustainable solutions across its portfolio. The company recently launched a major solar energy project to supply all its destinations with clean energy. With a total capacity of 8.9 megawatts, the project is expected to generate around 14,000 megawatt-hours of clean electricity annually, reducing carbon emissions by over 10,000 metric tons each year.
About Seef Properties:
Seef Properties B.S.C. was established in the year 1999 and is a public shared company listed on Bahrain Bourse since 2007 with its operations headquartered in the Kingdom of Bahrain, becoming a leader in the retail, hospitality, entertainment and real estate development sectors on the level of the Kingdom. Today, Seef Properties manages a large portfolio of assets, promoting its position as a distinguished commercial brand. The vision of Seef Properties is centered to its constant strives to become a leading real estate company in innovation and diversity, driven by the implementation of the highest standards and values to achieve its goal in excellence, and the satisfaction of shareholders, partners and clients. The Company's message is centered to the development, acquisition and management of a real estate investment portfolio that serves the retail, entertainment and hospitality sectors.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
7 hours ago
- Khaleej Times
Why the UAE's story at World Expo matters to the world
Fifty-five years ago, Abu Dhabi participated in its first World Expo in Osaka in 1970 with quiet ambition and a clear message: we are ready to engage with the world. Today, the UAE is back in Osaka not as observers, but as convenors, collaborators and catalysts of change. Expo 2025 is not just a global gathering; it is a proving ground for shared progress. The UAE Pavilion stands as a working model of what it means to lead with purpose, build with vision and partner with humility. World Expos have evolved. They are no longer stages for grand statements alone. They are now incubators of cooperation, places where policy meets creativity, and where nations test ideas that might shape the global future. This evolution mirrors the UAE's own journey, from a newly formed federation to a nation that places innovation, sustainability and human potential at the heart of its identity. Our experience as the host nation of Expo 2020 Dubai marked a defining moment in the UAE's global engagement. For six months, we welcomed visitors from across the world, creating a platform that celebrated innovation, culture and cooperation across 192 participating countries. Expo 2020 was not only the first World Expo to be held in the Middle East, Africa, and South Asia region, but also a demonstration of how the UAE brings together ambition and inclusion on a global scale. That legacy lives on through our participation in Expo 2025 Osaka, where we continue the dialogue we began on home soil The theme of the UAE Pavilion, Earth to Ether, captures our philosophy. It represents the nation's commitment to empowering life across every spectrum: from tangible environmental action to boundless ambition in space exploration. The Pavilion's three narrative zones, Explorers of Space, Catalysts of Healthcare, and Stewards of Sustainability, are not static exhibitions. They are dynamic stories of people and partnerships building the future. Take our journey into space. The UAE was the first Arab nation to reach Mars. But beyond that achievement lies purpose. The data from the Emirates Mars Mission is freely shared with the global scientific community. As a founding member of Nasa's Artemis Accords and a core contributor to the Gateway project, the Moon's future orbital station, the UAE is shaping the future of space not in isolation but in solidarity. This is diplomacy through science and it is being showcased live at the pavilion. In healthcare, our story begins with necessity but now drives global innovation. With partnerships ranging from Kyoto University to the World Health Organisation, the UAE is investing in genomic research, preventative medicine and AI-powered diagnostics. Through institutions like PureHealth, M42, and the Abu Dhabi Biobank, we are developing healthcare systems designed not just to treat, but to predict and personalise care. Our efforts on sustainability are deeply rooted in tradition. The Pavilion's architecture is inspired by the date palm tree, a symbol of resilience and generosity, and reimagined through cutting-edge circular design. Constructed from cross-laminated timber using Japanese joinery techniques, the Pavilion is demountable and sustainable by design. But the symbolism is greater than structure. Our ancestors built with what they had. We now build for what the world needs. Yet what truly distinguishes this Pavilion is not the design or technology, but the spirit within. Youth Ambassadors warmly welcome visitors, showcasing hospitality shaped by generations of Emirati culture. Artists, performers, scientists and artisans have transformed the space into a vibrant, living experience. Our values of openness, resilience and ambition are brought to life through human connection. In a time of geopolitical tension, climate anxiety and digital fragmentation, the UAE's story offers something essential: a model of balanced modernity. Here is a nation that embraces progress without abandoning its identity, that celebrates diversity while preserving its roots and that seeks global relevance without demanding conformity. And this is precisely why the UAE's story at Expo 2025 matters. It is not about projecting an image; rather, it is about proposing a pathway — one that is collaborative, grounded and future-facing; one where space missions serve Earth, where sustainability is integrated into everyday life and where diplomacy is practised through architecture, education and shared discovery. The UAE Pavilion is also a tribute to the deep and enduring relationship between the UAE and Japan. This partnership, built on decades of trust and trade, now expands into co-innovation in energy, healthcare, logistics and sustainability. At Expo 2025, we are not just neighbours on the Expo map. We are partners in purpose. As Commissioner General and as Ambassador of the United Arab Emirates to Japan, I have had the privilege of witnessing how Japanese visitors engage with the Pavilion. What resonates with them is not grandeur. It is sincerity. Not scale, but substance. It is in these moments of connection that the true success of an Expo lives. We are now past the opening fanfare. The Pavilion is alive with questions, conversations, and curiosity. The next phase of our Expo journey is to turn engagement into collaboration and collaboration into legacy. Already, new ideas are emerging, from educational exchanges and business partnerships to sustainability pilots and joint research. We invite the world to join us in shaping what comes after Expo. The UAE's participation at Expo 2025 Osaka is not just an exhibit. It is an invitation to engage with us, collaborate with us and co-create a future that serves all life, from the Earth to the ether. That is why our story matters and we are proud to tell it once again in Osaka.
Khaleej Times
10 hours ago
- Khaleej Times
Saudi Arabia: UAE, GCC residents can now invest in main stock market
Saudi Arabia's Capital Market Authority (CMA) announced that residents of the UAE and other Gulf Cooperation Council (GCC) countries are now permitted to invest directly in the kingdom's main stock market. The regulatory update aims to enhance the appeal of Saudi Arabia's capital market to both regional and international investors. According to the CMA, this move is expected to boost investor protection, build market confidence, attract foreign investment, and increase market liquidity —ultimately contributing to the growth of the local economy. Under the revised regulations, GCC residents can now directly trade in the main market, Tadawul. Previously, their access was limited to the debt market, the parallel market (Nomu), investment funds, and the derivatives market. Their participation in the main market was restricted to swap agreements via capital market institutions, where investment decisions were made on their behalf. The amendments also allow individual foreign investors who previously resided in Saudi Arabia or other GCC countries to maintain their investment accounts and continue trading in listed shares on the main market—even after leaving the region—provided they had opened an investment account while residing in the Kingdom. Saudi Arabia hosts the largest stock market in the Gulf region. In the first half of 2025, it recorded a trading value of $183.5 billion. In comparison, Abu Dhabi posted $48.9 billion, Kuwait $41.1 billion, Dubai $22.8 billion, Qatar $14.6 billion, Muscat $2.4 billion, and Bahrain $1.24 billion.
Zawya
12 hours ago
- Zawya
Markaz sponsors vertical farming facility at The English School to empower future environmental leaders
Kuwait – Kuwait Financial Centre 'Markaz' announces its sponsorship of an innovative educational initiative in partnership with The English School (TES), providing students with hands-on, experiential learning opportunities in sustainable agriculture and its applications through vertical farming inside the school. The sponsorship reflects the 'building human capacity' pillar of Markaz's corporate social responsibility (CSR) strategy by equipping students with future-ready skills, fostering environmental responsibility and developing the knowledge and critical thinking skills needed to confront global challenges through localized solutions. The initiative offers students the opportunity to explore vertical farming through a school-based facility designed for indoor sustainable agriculture. It introduces them to the types of crops that can be cultivated through these systems and explains how they can help address food security challenges. In doing so, the project also demonstrates the wider potential of vertical farming as a sustainable and cost-effective solution for future food production. Highlighting the significance of the project, Senior Vice President of Corporate Communications at Markaz, Ms. Sondos Saad, said: 'We are proud to partner with The English School on this impactful initiative, which introduces students to practical approaches to vertical farming. It reflects our firm belief that education rooted in real-world engagement is key to enabling the next generation of changemakers. By raising environmental awareness and promoting responsible resource use, this project encourages students to think innovatively about how local initiatives can drive global impact." Ms. Alison Peterson, TES Principal stated: "Thanks to the sponsorship of Markaz. Our fantastic vertical farming facility will be an integral part of the education process. This project reflects curiosity, responsibility, and a deeper understanding of how science, technology, and care for the planet all connect. In this space, our students won't just learn about photosynthesis from a textbook, they'll see it in action. In a world facing growing environmental challenges, vertical farming offers a glimpse into the future of agriculture, a future that TES students will help shape." Rooted in Markaz's ESG-driven approach to long-term value creation, this initiative demonstrates how the company translates its sustainability strategy into meaningful, community-based partnerships. It also reaffirms Markaz's commitment to advancing key United Nations Sustainable Development Goals, specifically Goal 4: Quality Education, Goal 12: Responsible Consumption and Production, and Goal 13: Climate Action, by embedding these global principles into innovative educational models. The collaborative effort builds on a broader portfolio of national partnerships and programs supported by Markaz. Notable among them are the 'Kuwait Commute' design competition, which aims to advance the development of public transport in Kuwait, and the UniCODE program in collaboration with 'Coded' Academy, which equips youth with foundational skills in programming and technology. Such pioneering initiatives reinforce Markaz's role in developing human capital and driving knowledge-based progress in Kuwait. About Kuwait Financial Centre 'Markaz' Established in 1974, Kuwait Financial Centre K.P.S.C 'Markaz' is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.44 billion (USD 4.67 billion) as of 31 March 2025. Markaz was listed on the Boursa Kuwait in 1997. Over the years, Markaz has pioneered innovation through the creation of new investment channels. These channels enjoy unique characteristics and helped Markaz widen investors' horizons. Examples include Mumtaz (the first domestic mutual fund), MREF (the first real estate investment fund in Kuwait), Forsa Financial Fund (the first options market maker in the GCC since 2005), and the GCC Momentum Fund (the first passive fund of its kind in Kuwait and across GCC that follows the momentum methodology), all conceptualized, established, and managed by Markaz. For further information, please contact: Sondos Saad Corporate Communications Department Kuwait Financial Centre K.P.S.C. "Markaz" Email: Ssaad@
