SEEF — BAHRAIN'S SEEF PROPERTIES H1 NET PROFIT FALLS TO BHD 1.9M ON MARKET CONDITIONS

Bahrain-based Seef Properties reported a net profit attributable to shareholders of BHD 1.9 million for the first half of 2026, a 29.7% decrease from the BHD 2.7 million recorded in the same period last year. The company attributed the decline to challenging market conditions and regional developments affecting its retail, hospitality, and entertainment segments. The company is proceeding with a major redevelopment of its flagship Seef Mall – Seef District.