imported 2024-03-17 17:43:07
One of Bahrain’s largest investment banks, Arcapita, filled for chapter 11 — an event that shook Bahrain. What has been the effects of this situation on Bahrain Bay development? Robert Lee, CEO of Bahrain Bay answers some of these difficult questions.
Robert Lee, CEO of Bahrain Bay talks about the progress of the PPP schemes in Bahrain. Lee argues that the PPP are easier said than done. He sees the biggest challenge in the sharing of risk.
Latest statistics from the EDB show that the loans to the real-estate sector are up by 7.7% as of November 2012, which indicates a renewal of activity in the real estate sector.
In 2011, the government issued a tender for a consulting study to evaluate the current legal framework and propose a new set of property laws and regulations. The Bahrain Property Development Association, which was founded in 2010, is also working with the government to address these challenges.
With the events that shook the world in 2008-2009 and subsequent 2011 uprising, Bahrain real-estate sector saw drying of the liquidity followed by a real-estate downturn. Aaref Hejres, Managing Director of DIYAR AL MUHARRAQ, explains the current situation in the real estate sector.
With the events that shook the world in 2008-2009 and subsequent 2011 uprising, Bahraini real-estate sector saw drying of the liquidity followed by a real-estate crash. Aaref Hejres, Managing Director of DIYAR AL MUHARRAQ, explains the current situation in the real estate sector.
With land prices set to increase in two or three years time, Aaref Hejres, Managing Director of DIYAR AL MUHARRAQ, makes a case for — what he calls — the most opportune time to start developing.
DIYAR AL MUHARRAQ plans to offer tenders in 2012 as a part of the project’s ongoing development. Aaref Hejres, Managing Director of DIYAR AL MUHARRAQ, discusses the proceedings.
The number one challenge for the industrial development in Bahrain competitiveness is the supply of cheap energy — mainly cheap natural gas.
Due to limited supply of gas in the Kingdom of Bahrain plans are underway to build a LNG terminal to reduce the Kingdom’s dependency on the local production and to capitalize on the international markets and gas prices.
