Marcopolis presents the Bahrain Report focused on the investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking sector, ICT, investments and more.
Developed in conjunction with Ext-Joom.com
A multitude of factors have affected real estate in Bahrain. Before the political crisis, Bahrain was faced with the global financial meltdown that emanated from the US sub-prime crisis. The crisis had an adverse effect on liquidity and its availability, among other things. This negatively affected the real estate globally because people were reluctant to invest. Bahrain was also affected by the crisis and the value of real estate market dropped. However, Bahrain is different from the other Gulf countries. There is a greater demand because of higher population density (600-700 people per square kilometer) and thus the local demand is enough to push the construction market in the future.
Bahrain Financial Harbour (BFH) is a world-class, fully integrated waterfront development (among the best business locations in the Middle East.) which will create a complete financial city, a self contained community, in the centre of Manama, Kingdom of Bahrain.