“This has led to some improvement of the tourism sectors and indeed the Hotels’ performance. The return of the positive feeling, the Formula One Race and big exhibitions are some of the indications of this revival,” the shareholders of NHC told by the board.
The shareholders approved the financial statement for the year 2012 and all items on the agenda were also approved unanimously.
The Diplomat Commercial Office Tower project has successfully been completed, commissioned and handed over at the end of February 2012. The first tenancy contract was signed in the second half of the year.
The full Annual Report 2012 for the National Hotels Company is available at the NHC office located at the Diplomat Radisson Blu Hotel, Residence & Spa in the Diplomatic Area.
In addition it was reported that all relevant Corporate Governance principles have been completed.
Faisal Ahmed Al Zayani, Chairman of the Board of the National Hotels Company would like to personally and on behalf of the members of the Board and the Shareholders his thanks and appreciation to His Majesty the King, Shaikh Hamad bin Isa Al Khalifa, His Royal Highness the Prime Minister, Prince Khalifa bin Salman Al Khalifa and His Royal Highness the Crown Prince and Commander-in-Chier of the Bahrain Defence Force, Prince Salman bin Hamad Al Khalifa for their support and assistance to the company.