Latest news with #AlNaseem
Zawya
11 hours ago
- Business
- Zawya
Asas Makeen awards $27mln contract for new Riyadh housing project
Saudi-listed Asas Makeen for Real Estate Development and Investment Co. has signed a 99.72 million Saudi riyal ($26.58 million) contract to build a residential project in Riyadh. The contract was awarded to Qemat Hattaba Real Estate Co., the company said in a statement to the Saudi Stock Exchange. The 18-month contract includes the construction of a residential project spanning 19,590 sq m of land area, featuring 230 units, in the Al-Naseem district. The deal is expected to positively impact Asas Makeen's results starting from the fourth quarter of 2025, the statement said. (Editing by Anoop Menon) (
Al Bawaba
4 days ago
- Business
- Al Bawaba
Mahmood Ali Zainal Announced as the First Luxury Villa Winner in NBB's Thara'a June Prize
The National Bank of Bahrain (NBB) is pleased to announce Mahmood Ali Zainal as the winner of the June Thara'a Prize Account draw, awarding a luxurious villa in the Al Naseem development in Diyar Al Muharraq. The official handover took place on 17th July, where the winner was celebrated for winning his stunning new draw was conducted on 15th July in the presence of representatives from the Ministry of Industry and Commerce (MOIC), as well as internal and external auditors to ensure full transparency and compliance. Commenting on the occasion, Mr Subah Abdullatif Al Zayani, Chief Executive - Retail Banking at NBB, said, 'Thara'a reflects our commitment towards rewarding financial responsibility with life-changing prizes. Presenting a home to one of our loyal customers is a powerful reminder of the real value of saving, and we are proud to be a part of this special milestone in Mr. Zainal's life. We look forward to celebrating many more winners throughout the year.' The Thara'a Prize Account continues to be a trusted choice for savers in Bahrain, offering them the opportunity to win 5 seafront villas and cash prizes of over USD 3,000,000 in raffle draws organised throughout the year. NBB invites everyone to start their financial savings journey and win exciting rewards with the Thara'a Prize Account. Customers can open their accounts through the NBB Digital Banking App, by visiting any of the Bank's branches, logging on to or calling 1721 4433. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Al Bawaba
09-07-2025
- Business
- Al Bawaba
Final Phase Villa Handover Commences at Al Naseem, Diyar Al Muharraq
Diyar Al Muharraq, Bahrain's largest real estate developer, has commenced the handover process of residential villas as part of Phase 3 of Al Naseem, marking the final stage of this pioneering project. As such, Diyar Al Muharraq is on track to successfully complete one of its most prominent residential developments, delivering the opportunity for future homeowners to join the vibrant Al Naseem community boasting breathtaking waterfront third and final phase of Al Naseem villas included the 115 villas, with the handover process first commencing in Q2 this year, and will continue in accordance with the readiness of each villa. To ensure the seamless completion of construction works on the project, Diyar Al Muharraq collaborated with various reputable organizations to deliver the highest quality standards. Ahmed Omer Trading & Contracting was appointed as the main contractor of the project, with Mohamed Salahuddin Consulting Engineering Bureau as the lead consultant. Additionally, HAJ Quantity Surveyors CO. S.P.C. was the Project Manager and Cost Consultant, alongside Horizon Interiors as the interior design on the occasion, Eng. Ahmed Ali Alammadi, Chief Executive Officer of Diyar Al Muharraq, said: 'We are pleased to announce the commencement of the handover process of the final phase of Al Naseem, a premium waterfront residential community in the its elevated design, wide turnout and quality of execution, Al Naseem has served as a roadmap for success since its inception. As we reach this final stage, we would like to invite everyone seeking to live in an integrated modern project to seize this exciting opportunity.'The residential project has 5 villa types encompassing a variety of spaces suited for different family lifestyles, including Sabah El-Nasayem, at 384 sqm, Duha El-Nasayem, at 379 sqm, Layl El-Nasayem, at 305 sqm, Aseel El-Nasayem 2, at 346 sqm, and Layl El-Nasayem 2, at 348 sqm, with each villa type represented by unique characteristics and styles. Diyar Al Muharraq is the Kingdom's largest integrated residential city that blends luxury with the core family values of Bahraini society. The development offers a wide range of housing solutions and contemporary lifestyles, complemented by a mix of residential, commercial, recreational, and healthcare facilities that embody the vision of modern, future-ready urban infrastructure.
Biz Bahrain
09-07-2025
- Business
- Biz Bahrain
Final Phase Villa Handover Commences at Al Naseem, Diyar Al Muharraq
Diyar Al Muharraq, Bahrain's largest real estate developer, has commenced the handover process of residential villas as part of Phase 3 of Al Naseem, marking the final stage of this pioneering project. As such, Diyar Al Muharraq is on track to successfully complete one of its most prominent residential developments, delivering the opportunity for future homeowners to join the vibrant Al Naseem community boasting breathtaking waterfront views. The third and final phase of Al Naseem villas included the 115 villas, with the handover process first commencing in Q2 this year, and will continue in accordance with the readiness of each villa. To ensure the seamless completion of construction works on the project, Diyar Al Muharraq collaborated with various reputable organizations to deliver the highest quality standards. Ahmed Omer Trading & Contracting was appointed as the main contractor of the project, with Mohamed Salahuddin Consulting Engineering Bureau as the lead consultant. Additionally, HAJ Quantity Surveyors CO. S.P.C. was the Project Manager and Cost Consultant, alongside Horizon Interiors as the interior design consultant. Commenting on the occasion, Eng. Ahmed Ali Alammadi, Chief Executive Officer of Diyar Al Muharraq, said: 'We are pleased to announce the commencement of the handover process of the final phase of Al Naseem, a premium waterfront residential community in the Kingdom. With its elevated design, wide turnout and quality of execution, Al Naseem has served as a roadmap for success since its inception. As we reach this final stage, we would like to invite everyone seeking to live in an integrated modern project to seize this exciting opportunity.' The residential project has 5 villa types encompassing a variety of spaces suited for different family lifestyles, including Sabah El-Nasayem, at 384 sqm, Duha El-Nasayem, at 379 sqm, Layl El-Nasayem, at 305 sqm, Aseel El-Nasayem 2, at 346 sqm, and Layl El-Nasayem 2, at 348 sqm, with each villa type represented by unique characteristics and styles. Diyar Al Muharraq is the Kingdom's largest integrated residential city that blends luxury with the core family values of Bahraini society. The development offers a wide range of housing solutions and contemporary lifestyles, complemented by a mix of residential, commercial, recreational, and healthcare facilities that embody the vision of modern, future-ready urban infrastructure.
Zawya
09-07-2025
- Business
- Zawya
Diyar Al Muharraq starts handover of Al Naseem Phase III villas
Diyar Al Muharraq, a leading real estate developer in Bahrain, has commenced the handover process of residential villas as part of Phase 3 of Al Naseem, marking the final stage of this pioneering project. As such, Diyar Al Muharraq is on track to successfully complete one of its most prominent residential developments, delivering the opportunity for future homeowners to join the vibrant Al Naseem community boasting breathtaking waterfront views. The third and final phase of Al Naseem villas included the 115 villas, with the handover process first commencing in Q2 this year, and will continue in accordance with the readiness of each villa. The residential project has 5 villa types encompassing a variety of spaces suited for different family lifestyles - Sabah El Nasayem at 384 sqm; Duha El Nasayem at 379 sqm; Layl El Nasayem at 305 sqm, Aseel El Nasayem 2 at 346 sqm and Layl El Nasayem 2 at 348 sqm, with each villa type represented by unique characteristics and styles. To ensure the seamless completion of construction works on the project, Diyar Al Muharraq collaborated with various reputable organizations to deliver the highest quality standards. Ahmed Omer Trading & Contracting was appointed as the main contractor of the project, with Mohamed Salahuddin Consulting Engineering Bureau as the lead consultant. Additionally, HAJ Quantity Surveyors Company was the Project Manager and Cost Consultant, alongside Horizon Interiors as the interior design consultant. Commenting on the occasion, Diyar Al Muharraq CEO Eng. Ahmed Ali Alammadi, said: "We are pleased to announce the commencement of the handover process of the final phase of Al Naseem, a premium waterfront residential community in the kingdom." "With its elevated design, wide turnout and quality of execution, Al Naseem has served as a roadmap for success since its inception. As we reach this final stage, we would like to invite everyone seeking to live in an integrated modern project to seize this exciting opportunity," he added. Diyar Al Muharraq is the kingdom's largest integrated residential city that offers a wide range of housing solutions and contemporary lifestyles, complemented by a mix of residential, commercial, recreational, and healthcare facilities that embody the vision of modern, future-ready urban infrastructure.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
