Bahrain's Transportation Minister chairs Gulf Air Group Holding, BAC board meeting

Muharraq, Bahrain: 11 December 2018: Minister of Transportation and Telecommunications and Chairman of Gulf Air Group Holding, Eng. Kamal bin Ahmed Mohammed, headed a Bahrain Airport Company (BAC) Board of Directors meeting to review the progress of the Airport Modernisation Programme and ensure all its associated projects are proceeding as planned. In attendance were BFG International Group President, Dr. Samer Majed Al Jishi; Mumtalakat Company Vice President of Investments, Raed Abdullah Fakhri; Ithmaar Bank Deputy Chief Executive Officer, Abdul Hakim Khalil Al Mutawa; Investcorp Co-Chief Executive Officer, Rishi Kapoor; and JP Morgan Chief Executive Officer, Dr. Ali Mousa Shafei; along with other BAC board members and executives. At the beginning of the meeting, the Board of Directors congratulated the Minister on his recent cabinet reappointment, as per Royal Decree (61) issued by His Majesty King Hamad bin Isa Al Khalifa. They wished him continued success in his efforts to enhance the aviation sector, which is among the priorities of Bahrain’s leadership. HE the Minister thanked the board and executive management for their wishes and their dedicated efforts to achieve the Airport Modernisation Programme’s (AMP) objectives. The Minister and the board were briefed on the minutes of the previous meeting and discussed a range of issues, including the AMP’s latest developments and the construction progress of the new Passenger Terminal Building, which is scheduled to be completed in the third quarter of next year. The board also reviewed the annual financial reports of all companies within the Group, the budget for 2019, strategic plans for the AMP’s next phase and its stages of implementation, and coordination plans being implemented among the Ministry of Interior, Civil Aviation Affairs, and BAC to ensure the successful operation of the new terminal. BAC’s executive management also delivered progress reports on the AMP and its associated projects. In addition, the board reviewed the progress of the Operations Readiness and Airport Transfer platform to ensure all preparations to transfer operations to the new Passenger Terminal Building are being implemented as planned.