Bahrain Real Estate News
ZIREC gains a second plot in Al Areen Development -18/9/2007
The Kuwait-based Al Zamil International Real Estate Company (ZIREC), which had committed $85million in investments in the Al Areen Development, has acquired a second plot of land within the development covering an area of 23,000 square meters.
Emcan plans IPO for Capital raise -12/9/2007
Emcan, the Bahrain-based construction company, is planning an initial public offering (IPO) worth BD 10million within next two years to increase the capital.
DIB -Al Hamad enter into financing deal worth Dh407m -11/9/2007
The Dubai Islamic Bank (DIB) announced that it has entered into a financing deal with Al Hamad Group for their new project Villamar at the Harbour in Bahrain.
Hiddtown revamping to be put on fast track -11/9/2007
The Ministry of Works and Housing has been asked by the Cabinet, to speed up the implementation of the directives to revamp the inlets and outlets of Hiddtown, and complete the eight development projects worth BD16million.
Nuzul Holdings to focus on serviced residences -11/9/2007
A new company, Nuzul Holdings, was recently registered in Bahrain, which will focus on development of serviced residences across the Middle East, and aims to acquire 50 properties within next ten years.
Riffa Views -first real estate website with QTVR, podcasts and interactive forum -11/9/2007
Riffa Views Signature Estates becomes the first real estate developer to introduce the concept of website with QTVR(Quick Time Virtual Reality), Riffa Views TV, podcasts and an interactive Forum.
Al-Sharq office complex receives CNBC Arabian Property Award -4/9/2007
The Al Sharq office in Kuwait, designed by Atkins, has been awarded the prestigious CNBC Arabian Property Award for its high-rise architecture, and unique design and dedication towards sustainability.
GIIC re-locates to Harbour Tower -4/9/2007
Gulf International Investment Company (GIIC) has announced that its offices are being re-located into Bahrain Financial Harbour (BFH).
Abraj Lulu project progresses as scheduled -3/3/2008
The work on Abraj Lulu project, worth BD95 million facing the Pearl Roundabout in Bahrain, is more than fifty percent complete, the developers have announced.
GHC signs deal with Al Hamad Contracting for construction of $380million project -21/8/2007
Gulf Holding Company (GHC), based in Bahrain, has entered into a $380 million deal with Al Hamad Contracting Company for construction of its signature project, the Villamar at the Harbour.
AGC to participate in Bipex 2007 -21/8/2007
Amwaj Gateway Company (AGC) has announced its participation in the Bahrain International Property Exhibition, Bipex 2007, due to be conducted between 28th and 30th of November.
Bahrain fast developing to be an investors gateway -14/8/2007
A local economist has commented that Bahrain is being successful as an investors gateway to the Middle East and North African region.
APDC partners with Memac for the launch of Adhari Park -8/8/2007
Memac Ogilvy has been appointed as the Partner for Adhari Park Development Co.
The one-stop Sales Center at Marina West to be ready by October end -8/8/2007
Work is expected to begin shortly on the hi-tech sales center, which is likely to be launched at the Marina West site, located on Janabiyah Highway.
Landmark project worth BD5.7 to be completed by 2008 -8/8/2007
The work that was being carried on in a landmark project o commemorate the launch of National Action Charter in 2001 will be complete by early part of next year.
Amwaj Gateway work moves on fast-track -7/8/2007
The luxury property project, Amwaj Gateway, located on the Amwaj Island, off the Muharraq coast, is running on a fast-track, much ahead of schedule.
SHHS and Durrat Al Bahrain signs deal -2/8/2007
A Bahrain based mortgage finance provider, Sakana Holistic Housing Solutions (SHHS), has joined hands with Durrat Al Bahrain.
Amwaj Gateway expected to make a new benchmark in Bahrain realty -2/8/2007
One of the RealCapitas signature projects, the Amwaj Gateway, is all set to make a new benchmark in the Bahrain realty sector, with the company having awarded its $140million construction contract to Cukurova Construction Industry & Trd.
