Artificial Intelligence
Builders Company
Developers/Naseej
N
NaseejManama, Bahrain · founded 5 August 2009 · 1 active markets
PRIVATE

Naseej develops residential, commercial, mixed-use, educational, industrial and infrastructure projects in Bahrain, focusing on affordable housing and broader market opportunities for citizens, homeowners, investors and tenants, while integrating planning, design, construction, financing facilitation and asset management across the development value chain.

Years in business
17
founded 5 August 2009
LinkedIn headcount
40
employees, as shown on LinkedIn · size band 11–50
Portfolio value
BHD 200 million-plus
as the company states it
Total projects
five real estate projects
across the company’s whole history
Units delivered
more than 2,981 residential units
as the company states it
Projects last researched October 13, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Naseej B.S.C. (c)1
Headquarters
46th Floor, East Tower, Bahrain Financial Harbour1, Manama1, Bahrain
Founded
5 August 20091
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1
Markets
2 markets listed
What they build
Residential, for sale (5 of 6) · Other (1 of 6) · Mixed use (1 of 6)
Full dossier in About →

Delivery record

0 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 1 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

2 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
6.2/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Bahrain yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

Record status
active
Company sources
100 source entries across 100 fields
Projects tracked
7 · 6 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 1 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

6 of 6 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Muharraq, Bahrain
Bahrain
Madinat Salman, Bahrain
2012201320142015201620172018201920202021202220232024202520262027todayMUHARRAQ, BAHRAINcompleted, no target publishedcompleted, no target publishedon timeestimateddates under reviewBAHRAIN−1.5 moestimatedMADINAT SALMAN, BAHRAINdates under review
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

2 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (0 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 2 rated buildings
Management & living
6.2/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Bahrain yet to compare against.

By building

2 rated · 4 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Nadeen School at DilmuniaDilmunia Island, Muharraq
7.2/ 10
—/ 10
5.5/ 10

The largest identifiable independent resident review base is only one review, publishing 2.4/5; its direct conversion is low, but the rules require a score within one point of 6.5 when no platform reaches ten reviews, producing 5.5. The result is highly uncertain because the higher 4.7/5 directory figure has no stated review count and the positive parent testimonials and inspection evidence are not a comparable independent aggregate; the 2022 inspection also predates the completed Dilmunia campus.

+ Purpose-built Dilmunia campus+ Modern facilities+ Well-resourced learning environment+ Secure perimeter and monitored access+ Outdoor learning spaces
Not found in sources: No published resident engineering or systems complaints
+ Welcoming community+ Approachable staff+ Responsive parent communication+ Inclusive atmosphere+ Strong safeguarding and pastoral care
− Administration criticised by one parent− Marketing perceived to outweigh education by one parent− Value for money questioned by one parent

Published material is strongly positive about the physical setting: a parent review called the facilities “Fantastic,” while the inspection described creative use of accommodation and outdoor areas and a well-resourced site. The 2022 inspection assessed the then-existing premises rather than the completed Dilmunia campus, so it is useful context but not a current engineering assessment of the 2023 campus.

The independent parent review said the school felt like “trial and error,” that it was “more focused on marketing than actual education,” and rated administration “Terrible.” Countervailing published parent feedback describes a “very good community,” friendly staff and excellent communication, while the inspection recorded that parents found leaders approachable and complaints were rare; these positive sources are largely school-published or based on the 2022 inspection and should not be treated as a balanced current aggregate.

Naseej PPP social housing componentMadinat Salman and Al Luwzi2,685 units
7.2/ 10
—/ 10
6.8/ 10

The largest published review base is the place listing’s 4.0/5 from 228 reviews, which converts to 7.0/10 under the specified curve. A September 2026 report records resident concern about revised contracts, service/maintenance charges and retroactive amounts, so the final overall and living score is 6.8; no current structural rating was published.

− Historical infrastructure delays
+ Good location+ Generally positive place reviews
− Limited parking− Resident concern about revised charges and maintenance/service fees
Not found in sources: Few nearby shops in some reviews

A January 2011 report said delivery was delayed by slow connections for electricity, water and sewage, and described the lack of a connection to the main sewage network as a problem. This is historical evidence outside the requested ten-year window and is not evidence of the condition as of October 13, 2026; no current published structural rating or current resident report on the fabric or systems was located.

The place listing shows 4.0/5 from 228 reviews; sampled comments include “Very good,” “Very Nice ^_^ Nice Location ..,” and “Not bad location,” alongside “Limited parking space” and “there is no supermarkets or any shops.” In September 2026, a report said residents of Salman City apartments had been asked to review contracts and service/maintenance calculations, with some cases involving retroactive amounts and monthly payments reportedly rising from BD20–40 to BD97, BD125 or about BD166; this is a current operational/financial concern, not a published amenity score.

Only buildings that have reached handover are rated. 4 of 6 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Naseej B.S.C. (c)
Headquarters
46th Floor, East Tower, Bahrain Financial Harbour, Manama, Bahrain
Founded
5 August 2009
Bahrain
Entity type
PRIVATE
Revenue
USD 3.46 million
Business model
offplan for sale, commercial, mixed use, masterplan

Partners

5 partners
Ministry of Housing & Urban Planning of Bahrain
government partner

Naseej's flagship public-private partnership covered the design and delivery of more than 2,685 social and affordable homes with integrated infrastructure in Madinat Salman and Al Luwzi District.

Bank of Bahrain and Kuwait (BBK)
funder

The partnership provided mortgage financing, personal loans and insurance-related benefits to purchasers of Naseej properties.

Government of Morocco
government partner

The stated agreement covered social and affordable housing, with retail and commercial facilities, on two adjoining plots in Ain Al Aouda.

Bokhowa Contracting & Trading Group
contractor

Bokhowa was appointed as main contractor for the Nasayim Arad Smart Project in Muharraq Governorate.

Kooheji Contractors
contractor

The CanalView project progress report identifies Kooheji Contractors as the project contractor.

Sources: partners

COMPANYdate not shown in source

Naseej’s PPP With the Ministry of Housing, Bahrain | Naseej B.S.C.

Naseej B.S.C. (c)
Naseej became the first private sector company to enter into a public-private partnership (PPP) with the Ministry of Housing & Urban Planning, setting a new benchmark for collaboration between government and private enterprise.
value seen: Ministry of Housing & Urban Planning
https://www.naseej.bh/our-projects/naseejs-ppp-ministry-housing-bahrain

Sources: partners

PRESS2024-09-29

BBK and Naseej sign partnership deal to offer Mortgage Loans to its customers | BBK

Bank of Bahrain and Kuwait · carried by bbkonline.com
Bank of Bahrain and Kuwait (BBK) ... has partnered with Naseej to provide customers with financing to purchase their dream properties and homes.
value seen: BBK
https://www.bbkonline.com/bbk-and-naseej-sign-partnership-deal-to-offer-mortgage-loans-to-its-customers/

Sources: partners

FILINGdate not shown in source

Naseej Annual Report - E Version N

Naseej B.S.C. (c)
In 2012, Naseej signed an agreement with the Government of Morocco to develop social and affordable housing units on two adjoining land plots in Ain Al Aouda.
value seen: Government of Morocco
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: partners

PRESS2024-12-03

Naseej awards contract for premium Bahrain seafront project

Zawya
Leading Bahraini developer Naseej has appointed Bokhowa Contracting & Trading Group as the main contractor for the construction of its Nasayim Arad ‘Smart’ Project located within the Governorate of Muharraq.
value seen: Bokhowa Contracting & Trading Group
https://www.zawya.com/en/economy/gcc/naseej-awards-contract-for-premium-bahrain-seafront-project-d5l4rsbt

Sources: partners

CONTRACTORdate not shown in source

WITH A VIEW

CanalView
OUR PROFESSIONAL PARTNERS ... CONTRACTOR ... Kooheji Contractors ... CanalView Development Company S.P.C ... Naseej BSC
value seen: Kooheji Contractors
https://www.canalview.bh/sites/default/files/2020-07/canalview-progress-report4_may2020_19.05.2020_v2.pdf

Registrations & licences

COMPANY NUMBER72492
Ministry of Commerce · Bahrain
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

2 countries
Bahrainactive 6 projects tracked
Moroccounknown 0 projects tracked

What they build

5 types
Residential, for sale5 of 6
Other1 of 6
Mixed use1 of 6
Retail1 of 6
Masterplan1 of 6
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
SH
Shaikh Hamed Mohamed Hamed AlKhalifa
Shaikh Hamed is Naseej’s board chairman and was identified in the company’s governance reporting as CEO of GFH Properties. His documented background includes senior urban-planning and real-estate investment roles in Bahrain, including work at Mumtalakat and the Bahrain Economic Development Board, plus board leadership outside Naseej.
Current title
Chairman
since since 2018
Experience
no career length stated
Companies before
GFH PropertiesMumtalakatBahrain Ministry of Urban Planning & MunicipalitiesBahrain Economic Development Board
Education
George Washington UniversityMSc in Engineering Management
George Washington UniversityBSc in Systems Analysis
Other boards
Chairman, Riffa Palms Real EstateDeputy Chairman, Bahrain Air Space AgencyBoard Member, Telecommunications Regulatory Authority
Known for
ChairmanGFH Properties CEOMumtalakat real estateUrban planningGeorge Washington University

Sources: education

FILINGdate not shown in source
Naseej B.S.C.
Shaikh Hamed holds an MSc in Engineering Management and a BSc in Systems Analysis, from George Washington University, USA.
value seen: MSc in Engineering Management; BSc in Systems Analysis; George Washington University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: full name

FILINGdate not shown in source
Naseej B.S.C.
SHAIKH HAMED MOHAMED HAMED AL KHALIFA Chairman Non-Independent & Non-Executive - Elected 2018
value seen: SHAIKH HAMED MOHAMED HAMED AL KHALIFA
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: other boards

FILINGdate not shown in source
Naseej B.S.C.
Shaikh Hamed is Chairman of Riffa Palms Real Estate, Deputy Chairman of the Bahrain Air Space Agency, and a Board Member of the Telecommunications Regulatory Authority.
value seen: Chairman of Riffa Palms Real Estate; Deputy Chairman of the Bahrain Air Space Agency; Board Member of the Telecommunications Regulatory Authority
held out of the figures · the quote does not carry this value
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: previous companies

FILINGdate not shown in source
Naseej B.S.C.
Shaikh Hamed Al Khalifa is Chief Executive Officer of GFH Properties... Prior to this, he was General Director of Urban Planning at Bahrain’s Ministry of Urban Planning & Municipalities... Previously, he was Investment Manager - Real Estate, at Mumtalakat... and Project Manager... at the Bahrain Economic Development Board.
value seen: GFH Properties; Mumtalakat; Bahrain Ministry of Urban Planning & Municipalities; Bahrain Economic Development Board
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: since

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Shaikh Hamed Mohamed AlKhalifa Chairman since 2018
value seen: since 2018
https://www.naseej.bh/who-we-are

Sources: summary

FILINGdate not shown in source
Naseej B.S.C.
Shaikh Hamed Al Khalifa is Chief Executive Officer of GFH Properties, a subsidiary of GFH Financial Group. Prior to this, he was General Director of Urban Planning at Bahrain’s Ministry of Urban Planning & Municipalities... Previously, he was Investment Manager - Real Estate, at Mumtalakat... and Project Manager... at the Bahrain Economic Development Board.
value seen: CEO of GFH Properties; prior General Director of Urban Planning; Investment Manager–Real Estate at Mumtalakat; Project Manager at the Bahrain Economic Development Board; external board roles
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: tags

FILINGdate not shown in source
Naseej B.S.C.
Shaikh Hamed Al Khalifa is Chief Executive Officer of GFH Properties... Previously, he was Investment Manager - Real Estate, at Mumtalakat... Shaikh Hamed holds an MSc in Engineering Management and a BSc in Systems Analysis, from George Washington University, USA.
value seen: Chairman; GFH Properties CEO; Mumtalakat real estate; Urban planning; George Washington University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
The Board Shaikh Hamed Mohamed AlKhalifa Chairman since 2018 Independent & Non-Executive
value seen: Chairman
https://www.naseej.bh/who-we-are
MK
Mohammed Khalil Alsayed
Mohammed Khalil Alsayed is Naseej’s vice chairman and a long-serving director; earlier company reporting identified him as a co-founder and managing director. His career spans engineering, project management and real-estate development, alongside senior public-sector and Ithmaar Development leadership.
Current title
Vice Chairman; Director
Experience
no career length stated
Companies before
Ithmaar Development CompanyMinistry of Works & Housing, Bahrain
Education
Southern Methodist UniversityMSc in Structural Engineering
University of ArkansasBSc in Civil Engineering
RMIT UniversityAdvanced Diploma in Project Management
Other boards
Chief Executive Officer, Ithmaar Development CompanyChairman, Dilmunia Health IslandChairman, Olive FM Holding Company
Known for
Co-founderVice ChairmanEngineeringProject managementReal-estate development
since Vice Chairman since 2024; Director since 2009

Sources: education

FILINGdate not shown in source
Naseej B.S.C.
Mr. Alsayed holds an MSc in Structural Engineering from the Southern Methodist University, Texas, USA; a BSc in Civil Engineering from the University of Arkansas, USA; and an Advanced Diploma in Project Management from RMIT University, Australia.
value seen: MSc in Structural Engineering; BSc in Civil Engineering; Advanced Diploma in Project Management
held out of the figures · the quote does not carry this value
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: full name

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Mohammed Khalil Alsayed Vice Chairman since 2024 Director since 2009 Non-Independent & Non-Executive
value seen: Mohammed Khalil Alsayed
https://www.naseej.bh/who-we-are

Sources: other boards

FILINGdate not shown in source
Naseej B.S.C.
He is currently Chairman of Dilmunia Health Island and Olive FM Holding Company, in Bahrain.
value seen: Chairman of Dilmunia Health Island and Olive FM Holding Company
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: previous companies

FILINGdate not shown in source
Naseej B.S.C.
Mr. Alsayed is Vice Chairman and Chief Executive Officer of Ithmaar Development Company (IDC). Prior to joining IDC, he was an Undersecretary in the Ministry of Works & Housing.
value seen: Ithmaar Development Company; Ministry of Works & Housing
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: since

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Mohammed Khalil Alsayed Vice Chairman since 2024 Director since 2009 Non-Independent & Non-Executive
value seen: Vice Chairman since 2024; Director since 2009
https://www.naseej.bh/who-we-are

Sources: summary

FILINGdate not shown in source
Naseej B.S.C.
One of the originators and co-founders of Naseej, Mr. Alsayed is Vice Chairman and Chief Executive Officer of Ithmaar Development Company (IDC). Prior to joining IDC, he was an Undersecretary in the Ministry of Works & Housing.
value seen: originator and co-founder of Naseej; Vice Chairman and CEO of Ithmaar Development Company; former Undersecretary in Ministry of Works & Housing; engineering, project-management and real-estate-development experience
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: tags

FILINGdate not shown in source
Naseej B.S.C.
One of the originators and co-founders of Naseej... Mr. Alsayed is Vice Chairman and Chief Executive Officer of Ithmaar Development Company (IDC).
value seen: originators and co-founders; engineering; project management; real estate development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2022-10/annualreport2021_oct.pdf

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Mohammed Khalil Alsayed Vice Chairman since 2024 Director since 2009 Non-Independent & Non-Executive
value seen: Vice Chairman; Director
held out of the figures · the quote does not carry this value
https://www.naseej.bh/who-we-are
AA
Amin Ahmed Alarrayed
Amin Alarrayed is Naseej’s chief executive officer, with responsibility for the company’s strategic direction and real-estate development platform. Independent reporting describes his earlier leadership at First Bahrain and Edamah, while his professional profile records the Naseej appointment in February 2023 and more than two decades in real estate and finance.
Current title
Chief Executive Officer
since Feb 2023
Experience
25+ years ’ experience
Companies before
Edamah (Bahrain Real Estate Investment)First BahrainBBKCentral Bank of Bahrain
Education
University of RedlandsEconomics
Other boards
Former Board Member, National Bank of Bahrain (2020–2024)Board Member, Bahrain Car Parks Company
Known for
CEOFounder, First BahrainFormer Edamah CEOReal estate investment
Work email: amin.alarrayed@naseej.bh1 Email
https://linkedin.com/in/amin-alarrayed-1ba450b
The resurgence in the real estate market, demonstrated by a significant uptick in transactions in 2023, is indicative of a robust recovery and growing investor confidence. Oxford Business Group 2024https://oxfordbusinessgroup.com/articles-interviews/collaborative-efforts-amin-alarrayed-ceo-naseej-on-trends-shaping-the-local-market-and-the-sectors-contribution-toward-achieving-sustainable-aims-interview/

Sources: education

PRESSdate not shown in source

Bahrain News: The man to drive forward exciting new real estate opportunities

Gulf Daily News · carried by gdnonline.com
He went on to study economics in Southern California at the US University of Redlands, and after graduating in 1996, started work at the Central Bank of Bahrain as an economic researcher.
value seen: Economics; University of Redlands
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.gdnonline.com/Details/737914

Sources: email

COMPANYdate not shown in source

PPM15: CODE OF ETHICS AND BUSINESS CONDUCT

Naseej B.S.C.
Amin Ahmed Alarrayed | Chief Executive Officer | ... E-mail: amin.alarrayed@naseej.bh
value seen: amin.alarrayed@naseej.bh
https://www.naseej.bh/sites/default/files/2025-03/ppm15-code-of-ethics-and-business-conduct-05122024.pdf

Sources: full name

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Amin Alarrayed Chief Executive Officer
value seen: Amin Ahmed Alarrayed
held out of the figures · the quote does not carry this value
https://www.naseej.bh/who-we-are

Sources: linkedin page

SOCIAL2026-09-15

Amin Alarrayed

LinkedIn
Amin Alarrayed Chief Executive Officer at Naseej
value seen: https://linkedin.com/in/amin-alarrayed-1ba450b
https://linkedin.com/in/amin-alarrayed-1ba450b

Sources: other boards

SOCIAL2026-09-15

Amin Alarrayed

LinkedIn
His expertise in governance is demonstrated by strategic board positions at the National Bank of Bahrain and Bahrain Car Parks Company.
value seen: National Bank of Bahrain; Bahrain Car Parks Company
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/amin-alarrayed-1ba450b

Sources: previous companies

PRESSdate not shown in source

Bahrain News: The man to drive forward exciting new real estate opportunities

Gulf Daily News · carried by gdnonline.com
He went on to study economics in Southern California at the US University of Redlands, and after graduating in 1996, started work at the Central Bank of Bahrain as an economic researcher. He joined BBK... as head of placement at Reef Real Estate Finance Company before First Bahrain came calling and the subsequent move to Edamah.
value seen: Edamah; First Bahrain; BBK; Central Bank of Bahrain
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.gdnonline.com/Details/737914

Sources: publisher

PRESSdate not shown in source

Amin Alarrayed, CEO, Naseej: Interview - Bahrain 2024

Oxford Business Group
Interview: Amin Alarrayed, CEO, Naseej
value seen: Oxford Business Group
held out of the figures · the quote does not carry this value
https://oxfordbusinessgroup.com/articles-interviews/collaborative-efforts-amin-alarrayed-ceo-naseej-on-trends-shaping-the-local-market-and-the-sectors-contribution-toward-achieving-sustainable-aims-interview/

Sources: quote

PRESSdate not shown in source

Amin Alarrayed, CEO, Naseej: Interview - Bahrain 2024

Oxford Business Group
The resurgence in the real estate market, demonstrated by a significant uptick in transactions in 2023, is indicative of a robust recovery and growing investor confidence.
value seen: The resurgence in the real estate market, demonstrated by a significant uptick in transactions in 2023, is indicative of a robust recovery and growing investor confidence.
https://oxfordbusinessgroup.com/articles-interviews/collaborative-efforts-amin-alarrayed-ceo-naseej-on-trends-shaping-the-local-market-and-the-sectors-contribution-toward-achieving-sustainable-aims-interview/

Sources: since

SOCIAL2026-09-15

Amin Alarrayed

LinkedIn
Chief Executive Officer - Naseej B.S.C. (c) (Current) Feb 2023 - Present
value seen: Feb 2023
https://linkedin.com/in/amin-alarrayed-1ba450b

Sources: summary

SOCIAL2026-09-15

Amin Alarrayed

LinkedIn
With over 25 years of experience, Amin Alarrayed stands as a prominent leader in the real estate investment landscape... His previous roles include CEO of Edamah and founding CEO of First Bahrain... Chief Executive Officer - Naseej B.S.C. (c) (Current) Feb 2023 - Present
value seen: CEO of Naseej from February 2023; more than 25 years’ real-estate experience; former CEO of Edamah and founding CEO of First Bahrain
value paraphrased from this source
https://linkedin.com/in/amin-alarrayed-1ba450b

Sources: tags

SOCIAL2026-09-15

Amin Alarrayed

LinkedIn
With over 25 years of experience... His previous roles include CEO of Edamah and founding CEO of First Bahrain
value seen: over 25 years of experience; CEO of Edamah; founding CEO of First Bahrain
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/amin-alarrayed-1ba450b

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Amin Alarrayed Chief Executive Officer
value seen: Chief Executive Officer
https://www.naseej.bh/who-we-are
AM
Ayman Mohammed Buheji
Ayman Mohammed Buheji leads Naseej’s development and construction function. His documented experience includes nearly two decades in real-estate development, construction management and infrastructure, with prior leadership at Edamah and project-management and engineering roles earlier in his career.
Current title
Chief Development Officer
since Oct 2023
Experience
no career length stated
Companies before
Edamah (Bahrain Real Estate Investment)Abdul Rehman Al Banna Co.Manara DevelopmentsTameer
Education
not published
Other boards
Board Member, Darana Development
Known for
Chief Development OfficerMAPMDevelopment managementConstructionInfrastructure
https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35

Sources: full name

SOCIAL2026-09-18

Ayman Mohammed Buheji, MAPM

LinkedIn
Ayman Mohammed Buheji, MAPM Chief Development Officer leading sustainable Development & Construction Projects at Naseej.
value seen: Ayman Mohammed Buheji
https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35

Sources: linkedin page

SOCIAL2026-09-18

Ayman Mohammed Buheji, MAPM

LinkedIn
Ayman Mohammed Buheji, MAPM Chief Development Officer leading sustainable Development & Construction Projects at Naseej.
value seen: https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35
https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35

Sources: other boards

PRESS2026-07-18

Meet Ayman Mohammed Buheji, MAPM

The Bahrain Icons · carried by linkedin.com
He also serves as a Board Member of Darana Development
value seen: Board Member, Darana Development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/posts/the-bahrain-icons_bahrain-thebahrainicons-linkedin-activity-7484230494629302272-lY5_

Sources: previous companies

PRESS2026-07-18

Meet Ayman Mohammed Buheji, MAPM

The Bahrain Icons · carried by linkedin.com
Prior to joining Naseej, Ayman spent a decade with Bahrain Real Estate Investment (Edamah)... Earlier in his career, he held project management and engineering positions at Abdul Rehman Al Banna Co., Manara Developments, and Tameer.
value seen: Edamah; Abdul Rehman Al Banna Co.; Manara Developments; Tameer
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/posts/the-bahrain-icons_bahrain-thebahrainicons-linkedin-activity-7484230494629952272-lY5_

Sources: since

SOCIAL2026-09-18

Ayman Mohammed Buheji, MAPM

LinkedIn
Chief Development Officer - Naseej B.S.C. (c) (Current) Oct 2023 - Present
value seen: Oct 2023
https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35

Sources: summary

PRESS2026-07-18

Meet Ayman Mohammed Buheji, MAPM

The Bahrain Icons · carried by linkedin.com
With nearly two decades of experience in real estate development, construction management, and large-scale infrastructure projects... Prior to joining Naseej, Ayman spent a decade with Bahrain Real Estate Investment (Edamah)... Earlier in his career, he held project management and engineering positions at Abdul Rehman Al Banna Co., Manara Developments, and Tameer.
value seen: Chief Development Officer leading development and construction; prior Edamah leadership; earlier engineering and project-management roles
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/posts/the-bahrain-icons_bahrain-thebahrainicons-linkedin-activity-7484230494629302272-lY5_

Sources: tags

SOCIAL2026-09-18

Ayman Mohammed Buheji, MAPM

LinkedIn
Ayman Mohammed Buheji, MAPM Chief Development Officer leading sustainable Development & Construction Projects at Naseej.
value seen: nearly two decades; real estate development; construction management; large-scale infrastructure projects; MAPM
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ayman-mohammed-buheji-mapm-b725ab35

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Ayman Buheji Chief Development Officer
value seen: Chief Development Officer
https://www.naseej.bh/who-we-are
NS
Naser Sharif
Naser Sharif is Naseej’s chief financial officer; earlier company reporting described him as Head of Finance and Risk Officer and identified him as a CPA. His documented background covers financial management, accounting and internal audit across Seef Properties, Tatweer Petroleum, Arcapita Bank, Yokogawa Middle East and GPIC.
Current title
Chief Financial Officer
Experience
26+ years ’ experience
Companies before
Seef PropertiesTatweer Petroleum CompanyArcapita BankYokogawa Middle EastGulf Petrochemical Industry Company
Education
University of BahrainMBA
University of BahrainBachelor of Science in Accounting
Other boards
none sourced
Known for
CFOCPAFinancial managementInternal audit

Sources: education

FILINGdate not shown in source

PROGRESSIVE GROWTH IN A CHALLENGING YEAR

Naseej B.S.C.
Mr. Nasser Sharif holds an MBA from the University of Bahrain. He holds a Bachelor of Science in accounting from the University of Bahrain and holds a CPA from the State of Delaware, United States.
value seen: MBA from the University of Bahrain; Bachelor of Science in accounting from the University of Bahrain; CPA from the State of Delaware
held out of the figures · the quote does not carry this value
https://www.naseej.bh/sites/default/files/2021-09/naseej_ar2020_web.pdf

Sources: full name

FILINGdate not shown in source

PROGRESSIVE GROWTH IN A CHALLENGING YEAR

Naseej B.S.C.
MR. NASER SHARIF CPA Head of Finance and Risk Officer
value seen: Naser Sharif
https://www.naseej.bh/sites/default/files/2021-09/naseej_ar2020_web.pdf

Sources: previous companies

FILINGdate not shown in source

PROGRESSIVE GROWTH IN A CHALLENGING YEAR

Naseej B.S.C.
Prior to joining Naseej, Mr. Sharif was Director of Internal Audit at Seef Properties – Bahrain, and also held several positions in Tatweer Petroleum Company, Arcapita Bank, Yokogawa Middle East and Gulf Petrochemical Industry Company (GPIC).
value seen: Seef Properties; Tatweer Petroleum Company; Arcapita Bank; Yokogawa Middle East; Gulf Petrochemical Industry Company (GPIC)
held out of the figures · the quote does not carry this value
https://www.naseej.bh/sites/default/files/2021-09/naseej_ar2020_web.pdf

Sources: summary

FILINGdate not shown in source

PROGRESSIVE GROWTH IN A CHALLENGING YEAR

Naseej B.S.C.
Mr. Nasser Sharif has over 26 years of experience in engineering, financial management, accounting and internal audit... Prior to joining Naseej, Mr. Sharif was Director of Internal Audit at Seef Properties – Bahrain, and also held several positions in Tatweer Petroleum Company, Arcapita Bank, Yokogawa Middle East and Gulf Petrochemical Industry Company (GPIC).
value seen: over 26 years’ experience; prior Director of Internal Audit at Seef Properties; roles at Tatweer Petroleum, Arcapita Bank, Yokogawa Middle East and GPIC; MBA, BSc Accounting and CPA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2021-09/naseej_ar2020_web.pdf

Sources: tags

FILINGdate not shown in source

PROGRESSIVE GROWTH IN A CHALLENGING YEAR

Naseej B.S.C.
MR. NASER SHARIF CPA Head of Finance and Risk Officer. Mr. Nasser Sharif has over 26 years of experience in engineering, financial management, accounting and internal audit
value seen: CPA; over 26 years of experience; financial management; accounting; internal audit
held out of the figures · the quote does not carry this value
https://www.naseej.bh/sites/default/files/2021-09/naseej_ar2020_web.pdf

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mr. Naser Sharif Chief Financial Officer
value seen: Chief Financial Officer
https://www.naseej.bh/who-we-are
DR
Dana Rashdan
Dana Rashdan is listed by Naseej as Head of Risk & Compliance. The company’s governance-policy material places her in the risk-and-compliance function and records the role in the policy ownership and approval workflow; no reliable independent biographical details were found in the retrieved sources.
Current title
Head of Risk & Compliance
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Risk & compliance

Sources: full name

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mrs. Dana Rashdan Head of Risk & Compliance
value seen: Dana Rashdan
https://www.naseej.bh/who-we-are

Sources: summary

COMPANYdate not shown in source

PPM11: WHISTLEBLOWING

Naseej B.S.C.
Dana Rashdan | | Head of Risk & Compliance | Nov 2024
value seen: Head of Risk & Compliance; named in the company’s policy workflow for Risk & Compliance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.naseej.bh/sites/default/files/2026-04/PPM%2011%20Whistleblowing%20Policy%2010122024.pdf

Sources: tags

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mrs. Dana Rashdan Head of Risk & Compliance
value seen: Head of Risk & Compliance
https://www.naseej.bh/who-we-are

Sources: title

COMPANYdate not shown in source

Who We Are | Naseej B.S.C.

Naseej B.S.C.
Mrs. Dana Rashdan Head of Risk & Compliance
value seen: Head of Risk & Compliance
https://www.naseej.bh/who-we-are

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 1 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

6 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Nasayim Arad Smart VillasMuharraq, Bahrain
Arad Bay
residential for sale171————2024December 3, 2024—Jan 2025 – Dec 2025—not scorablecompleted
Nadeen School at DilmuniaMuharraq, Bahrain
Dilmunia Island
other——22,500 m²—————Aug 2023—not scorablecompleted
BasateenMuharraq, Bahrain
Busaiteen
residential for sale231—5,000 m²BD 3.6m
other
—201921 July 2019Oct 2021Oct 20210.0 mo
(0.0 to 0.0)
estimatedcompleted
CanalViewMuharraq, Bahrain
Dilmunia Island
mixed use, residential for sale, retail24617 floors13,000 m²BD 27.5m
estimated cost
—201730 April 2017Jan 2021 – Dec 2021Jan 2021 – Dec 2021dates under reviewdates under reviewcompleted
Naseej PPP social housing componentBahrain
Madinat Salman and Al Luwzi
residential for sale, masterplan2,6851——BD 170m
investment announced
—2012Jan. 2, 2012Jan 2018 – Dec 2018May 2018−1.5 mo
(−7.0 to +4.0)
estimatedcompleted
Jumana villas phaseMadinat Salman, Bahrain
Madinat Salman, Island 13
residential for sale1651——US$ 450m
other
———Jan 2017 – Dec 2017Jan 2017 – Dec 2017dates under reviewdates under reviewcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
GOVERNMENT RECOGNITION Winner 30 June 2026
Smart Housing Innovation Award · Nasayim Arad
Naseej won the Smart Housing Innovation Award for the Nasayim Arad project at the Bahrain Smart Cities Summit 2026, according to Bahrain News Agency’s report of the government-hosted summit.
PROJECT AWARD Winner 2025–2026
Best Residential Property Bahrain · Nasayim Arad
The International Property Awards winners page lists Nasayim Arad by Naseej BSC as the 2025–2026 winner for Best Residential Property Bahrain.
PROJECT AWARD Winner 11 September 2025 (ceremony); reported 14 September 2025
Best Residential Project (Five Stars) · Nasayim Arad
A September 2025 announcement states that Naseej’s Nasayim Arad won Best Residential Project (Five Stars) at the Arabian Property Awards 2025, organized by the International Property Awards.
PROJECT AWARD Winner 11 September 2025 (ceremony); reported 14 September 2025
Best Residential Property (Five Stars) · Nasayim Arad
A September 2025 announcement states that Naseej’s Nasayim Arad won Best Residential Property (Five Stars) at the Arabian Property Awards 2025, organized by the International Property Awards.
SAFETY / QUALITY Winner 21 September 2025
Al Bilad Corporate Social Responsibility for Economic Excellence 2025
Naseej received the Al Bilad Corporate Social Responsibility for Economic Excellence 2025 recognition for support of the national economy, job creation, 100% Bahrainization and public-private housing work.
GOVERNMENT RECOGNITION Ranked 3 September 2025 (ceremony); reported 7 September 2025
Outstanding Award in Workforce Localization
Naseej was recognized among the top three Bahraini companies for workforce localization and development at the opening of the GCC labour ministers’ meeting.
Gulf Cooperation Council Ministers of Labour meeting · https://www.linkedin.com/feed/update/urn:li:activity:7370362676935323648
COMPANY AWARD Winner 2022; reported 24 March 2022
Best Luxury Real Estate Developer in Bahrain · CanalView
Naseej won Best Luxury Real Estate Developer in Bahrain for 2022; the contemporaneous report says the recognition was associated with its CanalView residences in Dilmunia.

Risks

Auditor & credit ratings

audited accounts
AuditorDeloitte & Touche – Middle East

Risk flags

1 found
DELIVERY DELAY Original completion expectation: 2019; completion and handover reported: 2021
Naseej’s CanalView project on Dilmunia Island was originally described as due for completion around 2019, but Naseej’s later annual reporting says the project was completed and handed over in 2021; the delay is historical and is not reported here as an active failure as of 13 October 2026.

Record status

active
Coverageactive
Tracked sinceOctober 12, 2026
Last checkedOctober 13, 2026 this month
Profile last researchedOctober 13, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.