Seef Mall opened its doors in 1997 and attracts an average of 25,000 shoppers every day. In 2007, it was named by the
Oxford Business Group as "Bahrain's most successful
real estate venture to date". Capitalising on the mall's financial success, the Bahraini government sold its 48% stake in the parent company Seef Holdings, which managed malls and properties at 45 locations across the Kingdom, in an
IPO in April 2007, with favourable terms for Bahraini investors. ==See also==