Immerse yourself in the epitome of luxury living at Cityscape Bahrain, taking place from November 14 to 16, 2023 at the Exhibition World Bahrain. Explore the latest trends in Bahrain's real estate market, whether you're an investor or a first-time buyer. Discover your dream home, from waterfront villas to modern city apartments, and connect with top developers and experts for exclusive deals…
Policy interventions and an investor-friendly regulatory environment continue to attract investors to Bahrain as both a place to establish a business, and as a gateway through which to enter the markets of the broader GCC and MENA regions. A more strategic and sustainable funding model has been adopted by the government, and this shift in approach is beginning to be reflected in the fiscal balance
Having entered the Covid-19 pandemic with a relatively high level of economic diversification, the resulting drops in business and tourism activity pushed Bahrain’s vacancy rates up, which in turn put pressure on building owners. Despite the oversupply seen in the kingdom’s residential and commercial spaces, a government-led response and legislative reforms successfully accelerated the economic…
Bahrain’s construction and real estate sectors contributed a combined 12.5% to GDP in 2022, with the two recording growth of 1.4% and 5.5% for the year, respectively. They are engines for job creation, as the country’s economic diversification agenda includes major infrastructure projects. The development of high-value sectors has resulted in significant construction activity, with new and existing…
Interview: Ahmed Alammadi, CEO, Diyar Al Muharraq Which factors are driving the recent growth in Bahrain’s residential property market? AHMED ALAMMADI: Bahrain’s real estate sector benefits from its competitive advantages and supply, leading to substantial demand. The sector has demonstrated consistent growth, with a steady increase in the number of real estate transactions observed each year.…
Interview: Mohamed Abdulghaffar Al Kooheji Which sectors are likely to drive demand for large-scale infrastructure and construction projects in the coming years? MOHAMED ABDULGHAFFAR AL KOOHEJI: The government’s push for privatisation in sectors such as health care and real estate can lead to growth opportunities. In this sense, the Ministry of Housing’s focus on real estate development will be…
Bahrain’s construction and real estate sectors contributed a combined 12.5% to GDP in 2022, with the two recording growth of 1.4% and 5.5% for the year, respectively. They are engines for job creation, as the country’s economic diversification agenda includes major infrastructure projects. The development of high-value sectors has resulted in significant construction activity, with new and existing…
Interview:Mohammed Khalil Alsayed How do you view the attractiveness of Bahrain’s property market for foreign investment, and what could be done to enhance its appeal? MOHAMMED KHALIL ALSAYED: While the current framework for foreign investment in the local property market is appealing, the government is looking for ways to enhance the visibility of the market and position the kingdom as a…
As the construction industry redefines its priorities to ensure sustainability, there is increasing recognition of the benefits of regenerative architecture as a means of lowering emissions. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the construction sector accounts for nearly 40% of global energy-related greenhouse…
The construction and real estate sectors are important contributors to Bahrain’s GDP, yet in the years preceding the pandemic both sectors displayed erratic growth due partly to oil price instability and the government’s fiscal consolidation programme. However, recent legislative amendments and strategic announcements are expected to reinvigorate the closely linked sectors and support the central…
