Tag: Bahrain

Construction & Real Estate

Naseej acquires Bahrain Investment Oasis

Naseej, a fully-integrated real estate and infrastructure development company based in Bahrain, has acquired Bahrain Investment Oasis (BIO) in Bahrain International Investment Park, within the Salman Industrial City, Hidd. ...

Construction & Real Estate

Bahrain set to ink deal for $340m Phase II Shaikh Jaber highway project

Bahrain is set to sign a major financing agreement with Kuwait Fund for Arab Economic Development to advance the work on Phase Two of the Shaikh Jaber Al Ahmad Al Sabah Highway project. The total cost of the second phase is estimated at BD128.6 million ($340 million), said a report. ...

Construction & Real Estate

BENEFIT, Safa join hands to drive Bahrain’s key sustainability initiatives

BENEFIT, a leading company in Bahrain's fintech sector, has joined hands with Safa, a voluntary carbon offsetting platform and a portfolio company of the kingdom's sovereign wealth fund Mumtalakat, in a move aimed at driving Bahrain’s sustainability and climate action initiatives. ...

Construction & Real Estate

Sustainability Forum Middle East ends on successful note

Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders. ...

Construction & Real Estate

Tabreed signs up for Sustainability Forum Middle East 2026

Tabreed, a global leader in energy-efficient district cooling and sustainable cooling infrastructure, has announced that it has signed up as a lead partner for the fourth edition of the Sustainability Forum Middle East (SFME), a major industry event being held this week in Bahrain. ...

Construction & Real Estate

Ithmaar Development Company appoints Nayef Nasser Alnasser as MD

Ithmaar Development Company (IDC), a specialised company in the development and management of major development, real estate and other infrastructure projects, and a wholly-owned subsidiary of Ithmaar Group, has appointed Nayef Nasser Alnasser as a Managing Director of IDC, succeeding Mohammed Khalil Alsayed. ...

Construction & Real Estate

Bahrain's Awali City set for major revamp

His Majesty King Hamad was briefed on the proposed masterplan to redevelop Awali City in Bahrain, covering commercial, office and residential units as well as green spaces in addition to a pedestrian and sports pathway. It is aimed at preserving the architectural identity and urban heritage of the city. ...

Construction & Real Estate

Global leaders to chart sustainable future at top Bahrain forum

Leading global advisory groups, policymakers, sustainability leaders and business decision-makers will be in Bahrain for the Sustainability Forum Middle East event where they will discuss ways to tackle climate risks, embed sustainability into core business models as well as boost net-zero transition. ...

Construction & Real Estate

Work to start on Budaiya Road development project

Following the completion of technical bidding, Bahraini authorities are all set to start work on the Budaiya Road development project. It spans 6.7km, extending from Budaiya intersection with Shaikh Khalifa Bin Salman Highway in the east to its Janabiya Road junction in the west. ...

Construction & Real Estate

Design phase begins for key bridge project in Bahrain

Bahraini authorities have announced that one of the kingdom's major infrastructure projects - Muharraq-Arad Bridge - has entered the preliminary design phase. The scheme is intended to boost access to East Hidd Town while easing traffic congestion across Muharraq, said a report. ...

Construction & Real Estate

Hassan Radhi signs up as partner for Sustainability Forum Middle East

Sustainability Forum Middle East has announced Hassan Radhi & Associates (HRA) as a supporting partner for its upcoming edition in Bahrain that will bring together more than 400 leaders across business and government, as well as climate experts from across the globe. ...

Construction & Real Estate

Flowciti starts operations in Bahrain, Saudi Arabia and UAE

Flowciti has officially announced its launch in Bahrain, Saudi Arabia and UAE as a holding company specialising in smart cities solutions, bringing together technology, operational execution, and user experience within a fully integrated ecosystem. The group seeks to create sustainable value for the real estate sector, businesses and institutions. ...

Construction & Real Estate

Grnata Group employs, trains 60 Bahrainis via Tamkeen programmes

Grnata Group has employed and trained more than 60 Bahraini employees through the various programmes offered by the Labour Fund (Tamkeen), as part of ongoing efforts to invest in national talent in the real estate and construction sectors....

Construction & Real Estate

Bahrain lays foundation stone for 100MW Al Dur solar project

Bahrain’s Electricity and Water Authority (EWA) has announced that the foundation stone has been laid for its Al Dur Solar Power Plant, a large-scale clean energy project featuring 135,000 solar panels. The 100MW plant is set for completion by Q3 next year. ...

Construction & Real Estate

Bahrain’s historic Old Manama Suq set for big facelift

Bahrain’s historic Old Manama Suq is set to receive a facelift as part of a broader government infrastructure drive. The first phase of the project will focus on redevelopment of the main entrance to the suq, which is set for completion in Q4 2026, said a report, citing the tourism minister. ...

Construction & Real Estate

Bahrain announces housing packages for 7,000 citizens

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain has directed officials to boost the kingdom's housing services, which can be availed of by 7,000 citizens. This is in line with the orders of His Majesty King Hamad to accelerate the delivery of 50,000 new housing units, said a report. ...

Construction & Real Estate

Acwa Power snaps up Engie’s strategic GCC utility assets for $693m

Acwa Power, a global utility leader, said it has successfully completed the acquisition of French energy major Engie’s strategic gas-fired power generation and water desalination assets in Kuwait and Bahrain along with the related O&M companies for $693 million. ...

Construction & Real Estate

IsDB approves $180.72m for Bahrain highway upgrade

The Islamic Development Bank (IsDB) has approved a $180.72 million funding for the King Faisal Highway Upgrade Project in Bahrain's capital Manama. The funding is part of a new package of projects totaling approximately $1.36 billion. ...

Construction & Real Estate

East Sitra Housing Project Phase Three 23pc completed

Bahrain authorities said that steady progress is being made on the East Sitra Social Housing Project with more than 20% work in the third phase completed. Infrastructure works stand at 29%, while 16% of the 1,269 housing units have been built. ...