MORE than 68 per cent of plots at the $2.5-billion Bahrain Bay in Bahrain have been sold and many projects of third-party developers are nearing completion.

Bahrain Bay deputy chief executive Abdulla Al Doseri said the Four Seasons hotel is expected to open before the end of the year and an international insurance company has chosen to set up its headquarters at the mixed-use waterfront development.

Bahrain Bay hosts a number of hotels, banks, residential and commercial projects including the Arcapita building, the Four Seasons hotel, head offices of Al Baraka Banking Group, the spiral-designed United Tower housing the Wyndham Grand hotel, and the J W Marriott hotel.