imported 2024-03-17 17:43:07
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.
Banagas is planning a major expansion as a part of US$ 20 billion investment plan to raise the profile of the oil and gas sector in Bahrain over the next 20 years.
There has been significant downstream, upstream, and midstream development in Bahrain, such as Tatweer Petroleum drilling 15-18 new wells in Khuff Formation to increase the gas production of the Kindom, increased offshore exploration, the upgrading of Bapco refinery, and a planned US$ 20 billion investment into major oil and gas project. Dr. Mohamed Al Khalifa, Chief Executive of Banagas, discusses these recent developments in the oil and gas sector in Bahrain.
Philip Aarskog talks about Natal from the point of view of a foreign investor, mentioning why he decided to invest there and the way the process takes place.
