Bahrain: Land Prices to Increase in 2013-2014
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.
imported 2024-03-17 17:43:07
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.
Karlo Schneider talks about the differentials that Aquaria Natal Hotel provides, outlines plans for the future and explains why foreign tourists should know Natal.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, talks about the strategy of the bank for 2013-2015.
At the end of September 2012 the BBK’s balance sheet grew remarkably to 7.1 Billion BD, an increase of 9.1% when compared to September 30, 2011. Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, discusses the bank’s financial performance.