Newly Established Event Management Company Seeking Loan in Manama, Bahrain

- Recently established event management business based in Manama, specializing in organizing singers, opera, and theater shows.
- The business commenced operations in February of the current year and has successfully hosted two private parties for approximately 200 guests each.
- Future plans include organizing events with a capacity for 3,000 guests, featuring international singers, with a projected revenue of EUR 300,000 for the following year.
- The business has secured the Proseven group as a main sponsor, a prominent entity in Bahrain, and envisions collaborating with them for future events.
- The director of the company is the recipient of an International prize for the film "Eddy, " which focused on human rights.
- Proseven group has provided access to the Coral Bay resort and spa, including a restaurant and area capable of accommodating over 200 people, offering potential for larger-scale events and expanded clientele.
- The company aims to become a top event organizer, with plans to feature international stars like Shakira and the Opera de Madrid, highlighting their ambitions for high-profile and prestigious events.
- Currently, there is 1 permanent employee which is the owner, the rest are outsourced.
- The owner is Italian-based and is operating the business in Bahrain.