… Ruto set to officiate Ksh.12bn Mombasa SEZ project By Mary Gathu September 08, 2026 09:48 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Mohammed Akoojee, CEO and Managing Director of DP World Africa, and Suleiman Shahbal …
… GulfCap Group Chairman Suleiman Shahbal said the agreement marks a step towards a vision he has pursued for more than 15 years to establish an industrial and investment hub in Mombasa.“This is a first of its kind project. …
Audio By VocalizeBuxton Point Apartments in Mombasa County that stand on a disputed piece of land claimed by tycoon Abdullahi Gele. [Joackim Bwana, Standard] The Court of Appeal has dismissed an application seeking to have Mombasa tycoon Suleiman Shahbal jailed over contempt of c …
… Wesonga also dismissed concerns over the club's financial capacity, crediting the unwavering support of Patron Suleiman Shahbal, Club President Abdulrahman Hussein, and other football stakeholders from the Coast region. …
… s Starehe Point Affordable Housing Project By Citizen Reporter May 12, 2026 11:43 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter A French Construction Delegation hosted by Gulf Group of Companies Chairman Suleiman Shahbal …
… Audio By Vocalize Former Buxton tenants have expressed their disappointment with political leaders whom they accused of taking advantage of their situation for personal and political interests without offering tangible solutions.The tenants, while meeting EALA MP Suleiman Shahbal …
Former Buxton tenants hold talks with Shahbal over new purchase scheme By Citizen Reporter May 10, 2026 12:25 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Former Buxton Estate tenants have engaged with …
… broader market where older commercial buildings continue to struggle with weak demand and prolonged vacancies. “This development reflects our long-term confidence in Kenya’s economy and Nairobi’s position as a regional financial centre,” said Gulf Group Chairman Suleiman Shahbal …
Gulf Group inaugurates Grade A offices to consolidate subsidiaries in Nairobi By Citizen Reporter May 04, 2026 08:54 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Gulf Group of Companies Chairman Suleiman Shahbal, Soren …
President William Ruto will officiate the signing of a Ksh.12 billion agreement between GulfCap Group and DP World to establish a Special Economic Zone in Jomvu, Mombasa. The project, representing an investment of more than US$100 million, is expected to create 7,972 direct jobs.
President William Ruto will officiate the signing of a Ksh.12 billion agreement between GulfCap Group and DP World to establish a Special Economic Zone in Jomvu, Mombasa. The project, representing an investment of more than US$100 million, is expected to create 7,972 direct jobs.
President William Ruto will preside over the signing of an agreement between GulfCap Group and DP World to establish a Special Economic Zone covering about 535 acres in Jomvu, Mombasa. The project is expected to create 7,972 direct jobs and has already attracted 67 companies confirmed for participation.
Businessman Suleiman Shahbal has signed a Special Economic Zone investment agreement with logistics firm DP World valued at more than $100 million (Sh12 billion) on a 535-acre parcel in Jomvu Sub-County, Mombasa. The project is projected to create 7,972 direct jobs and attract manufacturers, exporters, and logistics firms to boost the port city's regional standing.
The Court of Appeal has dismissed an application seeking to jail Mombasa tycoon Suleiman Shahbal over contempt of court in a multi-billion shilling land dispute at Buxton Point Apartments. Businessman Abdullahi Gele had accused Shahbal and others of failing to stop construction of the affordable housing project on his land despite court orders from Justice Lucas Naikuni.
Mombasa United's General Manager Gilbert Wesonga said the club is financially prepared for the Kenyan Premier League next season and has already begun planning for the top-flight campaign, with preparations to intensify after a brief post-season break.
A high-level French construction delegation toured the Starehe Point Affordable Housing Project in Nairobi on Tuesday as part of the Africa Forward Summit 2026, viewing it as an example of large-scale urban regeneration in East Africa. The French firms noted the project's accomplishments in setting new standards for commercial and residential development and GulfCap Real Estate's delivery of environmentally responsible housing.
Former Buxton tenants met with EALA MP Suleiman Shahbal, chairman of GulfCap Real Estate, to pursue a lasting solution for the Buxton Point housing project through the Tenant Purchase Scheme. The tenants, who have spent six years seeking a solution since vacating the old estate, said they received their first clear assurances on how to acquire housing units.
Former tenants of Buxton Estate have engaged with GulfCap Real Estate leadership to negotiate acquisition of housing units under a Tenant Purchase Scheme for the Buxton Point project. The meeting addresses years of uncertainty since residents vacated the old estate six years ago.
Nairobi's office glut has declined significantly, with oversupply dropping to 3.4 million square feet by end-2025 from 5.7 million a year earlier, and vacancy rates falling to 15.3 per cent from 19.3 per cent. The shift is driven by companies moving from aging buildings to modern Grade A offices offering better amenities, lower operating costs, and stronger environmental standards.
Gulf Group of Companies held a groundbreaking ceremony for Grade A office blocks in Lavington, Nairobi, to consolidate subsidiaries Gulf African Bank, GulfCap Investment Bank, and GulfCap Real Estate under one purpose-built address.