Bahrain Real Estate News
New advanced electronic system to expedite land registrations effectively
An advanced electronic system, known as rfid is likely to be launched shortly, revealed Shaikh Salman bin Abdullah Al Khalifa, the Head of land registration.
Albilad, BFHHC sign tenancy pact
Bahrain Financial Harbour Holding Company (BFHHC) has announced a tenancy deal with a Bahrain-based real estate development and investment company - Albilad Real Estate Investment Company, established by a group of regional and local investors.
Official procedures for building permits to be shortened
Bahrain plans to simplify the electronic application system, as it is speeding up decisions over building permits.
EWA Hotel Apartments unveiled targeting corporate travelers and tourists
The Hospitality Management Holdings (HMH) has announced the unveiling of EWA Hotel Apartments in Bahrain, the first hotel by the group in the Kingdom.
Reef, Orchid sign pact for launch of freehold towers
Reef Real Estate Finance Company has entered into a deal with Orchid Developers for the launch of two freehold towers - Terraces of Juffair and Dream Tower One, both of which would be a major addition to Reefs project portfolio.
Realty & construction sectors in GCC, badly hit due to inflation
The inflationary pressures that the GCC nations have been subjected to, has left an impact on the realty sector too, which is reflecting itself by way of surging construction costs, which has risen by 50 percent during the first half of the year.
Multi-million dinar The Bahrain International Investment Park to be launched at Hidd Zone
A multi-million dinar project, namely The Bahrain International Investment Park (BIIP) is likely to be unveiled at the Hidd Industrial Zone this year, reports The Gulf Daily.
BFH bags Best Commercial Development award in MENA region
The Bahrain Financial Harbour (BFH) has been awarded as the Best Commercial Development in the Middle East and North Africa (MENA) region during the recent Arabian Property Awards Ceremony held in Dubai.
EMCO awarded with $45mn MEP contract
The $45million MEP (mechanical, electrical and plumbing) contract has been awarded to EMCO by Amwaj Gateway Development Company (AGDC), a subsidiary company of RealCAPITA, during a signing ceremony in Bahrain yesterday.
Reef, Grnata sign partnership deal for Al Aqeela Building
Reef Real Estate Finance Company, together with Grnata, has entered into a partnership deal with the developer of the Al Aqeela Building.
New BD300mn Company established to combat construction crisis in Bahrain
In a bid to combat the construction crisis in Bahrain, a BD300million company was launched yesterday, to develop affordable homes for families.
RealCapita inks construction deal for RealResidence project
A Bahrain-based real estate firm, RealCapita, has entered into a construction contract for developing the first residential development - RealResidence, in the Hidd area in North Bahrain.
Depa Interiors wins Saks Fifthy Avenue contract in Bahrain
Depa Interiors, the largest provider of interior contracting services in the world has announced that its subsidiary Deco Emirates Co (DECO) has been awarded with the contract for the complete fit out of the Saks Fifth Avenue, the luxury store in Bahrain City Center.
Durrat Al Bahrain in JV with Kuwaiti Company to develop residential islands
The largest luxury mixed-use resort development in Bahrain, Durrat Al Bahrain, has announced about entering into a joint venture with Al-Tijaria and its associates, a commercial real estate company and leading Kuwaiti real estate house, to establish a joint-venture to develop two residential islands in Bahrain.
Owning an island is the growing trend in Middle East
More and more people these days have shown interest in purchasing and reining their own islands, within their modest means, as islands are available for as little as $27,000, reports The Kuwait Times.
Better Homes confirms participation in Property Expo 2008
Better Homes, the local franchise of the renowned international property consultancy group, has become the first company to enter into an agreement for their participation in the forthcoming 5th World Wide Property Show and Property Arabia 2008 Exhibition, to be held between the 20th October and 1st November 2008 in Bahrain.
Major crisis knocks construction sector
The construction industry in Bahrain is facing severe crisis after all the cement supplies from Saudi Arabia came to a standstill.
Riffa Views signed as premium partner for BIPEX 2008
Riffa Views has agreed to be the premium partner and enhance its Platinum sponsorship commitment to the BIPEX 2008 (Bahrain International Property Exhibition 2008), the premier international property exhibition in the Kingdom, for the fourth consecutive year.
ADIH signs deal to finance the first floating restaurant in Bahrain
The Lagoon Real Estate Development has entered into an agreement with Abu Dhabi Investment House (ADIH) to finance the first floating restaurant in Bahrain, worth $4million.
Edamah, GOP sign deal to develop Bahrain Logistics Zone
Bahrain Real Estate Investment Company (Edamah) has entered into MoU with GOP in Hidd for developing serviced facilities for the Bahrain Logistics Zone, one of the first boutique logistics areas.
