New Property Company to Commence Operations in Response to Growth in the Qatari Commercial and Residential Property Market 4 March 2012, Doha, Qatar – Qatari Ahmed Sultan Al Ali and British property guru Karl Bishop have joined forces to launch Tyrsis, a locally based real estate company that will handle rentals and sales for both commercial and residential properties across the country. Bishop, who has over five years property experience in Qatar and the Gulf coupled with over eight years experience in the financial services sector in the UK and who was involved in establishing what has become one of the country’s largest real estate companies, will hold the position of Managing Partner. Sultan Al Ali will also be a partner providing advice and guidance on the local market based on his family’s long experience in construction in Qatar. In order to bring customers the best properties on the market, Bishop and Sultan Al Ali will be drawing on their extensive list of existing contacts to find the apartments, villas, land and commercial establishments that their individual clients are searching for while, at the same time, consistently seeking to build strong new relationships with relevant Qatar residents and newcomers. Tyrsis intends to work in partnership with real estate companies already operating in Qatar to ensure tenants, landlords, buyers and sellers get the best possible deals. Located on the 22nd floor of West Bay’s funky Tornado Tower, Tyrsis will be offering a free service to individual tenants and full transparency for landlords, buyers and sellers. Commenting on the start-up, Tyrsis Managing Partner, Karl Bishop said: “as one of the fastest growing countries with one of the fastest growing economies in the world, real estate opportunities in Qatar are positively booming. We feel that there is an increasing need in the market for a professional and transparent real estate company and so have launched Tyrsis.” “We will be offering a range of fully comprehensive real estate services including property-related financial advice and assistance through our close relationship with local banks, full marketing services and even interior design support for those who require it,” Bishop continued. “We aim to do all of this and more while at the same time being totally transparent from the start and by establishing a constant and open stream of communication with our clients throughout the entire process.” For further information on Tyrsis, visit www.tyrsis.com or call +974 4429 2389. Tyrsis is located at Level 22, Tornado Tower, West Bay, PO Box 27774, Doha, Qatar.

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