Latest news with #ImanShuwaiter
Daily Tribune
24-03-2025
- Sport
- Daily Tribune
First Ramadan Women's Tennis Tournament Kicks Off
TDT | Manama The inaugural Ramadan Women's Tennis Tournament, organized by the Women's Committee of the Bahrain Tennis Federation, officially began under the patronage of Honorable MP Iman Shuwaiter. The event is taking place during the blessed month of Ramadan on the courts of the Bahrain Tennis Federation at the Bahrain Polytechnic University in Isa Town. The patron of the event, Hon. MP Iman Shuwaiter, attended part of the first day's matches and praised the organization and the significant participation of women in the tournament. She also took a commemorative photo with the players. Also present on the first day were Mrs. Jamila Al-Nashaba, Board Member of the Bahrain Tennis Federation and Chair of the Women's Committee, and Mrs. Nayla Al-Mir, Board Member and Head of the Public Relations and Marketing Committee. The results of the first day's matches included a win for the duo Iman Farah and Isour Rosemary over Medina Malallah and Sanaa Ashour with a score of 6/1, 5/7, 6/3. The pair Victoria and Aisha Khalfan also triumphed over Mervat Reslan and Israa Aziz with a score of 3/6, 6/2, 10/2. Additionally, Haneen Al-Najjar and Salma Farajallah beat Iman Hamid and Fadiyah Hamzawi 6/4, 6/1, while Yasmin Demiral and Yara Froten won against Hanaa Issa and Amina Abdulqader with a score of 6/3, 6/1. The duo Dipali and Marta emerged victorious over Muneera Al-Fadhil and Shaikha Al-Fadhil with a resounding 6/0, 6/0. The tournament will continue with exciting matches on Saturday at 9:30 PM. The event is sponsored by Blafra Resort in Reef Island, Ronak Beauty Center by expert beautician Wahida, and Al-Fardan Dental Center, managed by Dr. Abbas Al-Fardan. The winners will be awarded cash prizes presented by Hon. MP Iman Shuwaiter, in addition to valuable watches provided by Noon Watches, which generously donated timepieces to the participants.
Gulf Insider
17-03-2025
- Business
- Gulf Insider
MPs to Discuss 20% Housing Loan Interest Cut
Lawmakers will discuss on Tuesday cutting housing loan costs, with some borrowers paying up to BD30,000 in interest on a BD60,000 loan. The proposal seeks to trim rates on Eskan Bank loans by 20 per cent, aiming to ease the weight on borrowers caught in a market where home prices have surged. The MPs supporting the plan say many borrowers end up paying back nearly double their original loan, stretching repayments over three decades. With property prices at their highest, they argue that lowering borrowing costs is long overdue. The plan calls on the Ministry of Housing and Urban Planning to work with Eskan Bank to reduce what borrowers owe in interest. It has been tabled by MPs Iman Shuwaiter, First Deputy Speaker Abdulnabi Salman, Second Deputy Ahmed Qarata, Zainab AbdulAmeer, and Dr Mahdi Al Shuwaikh. The MPs say the bank was set up to support low- and middle-income families, not to rake in profits. 'Eskan Bank was created to offer affordable housing loans, not to make money off people trying to put a roof over their heads,' said Shuwaiter. 'Yet last year alone, it pulled in BD35.7 million in profit. The government should be helping people buy homes, not cashing in on them.' The Public Utilities and Environment Committee reviewed the plan and has recommended its approval, saying the cut would take some strain off borrowers. The Ministry of Housing and Urban Planning, however, says Eskan Bank doesn't charge interest as such, but applies an 'administrative fee' of up to 3 per cent on a reducing balance. It says loan repayments are already kept in check by capping them at 25 per cent of a borrower's income, with anything left unpaid after the repayment period covered by state funds. 'The ministry remains committed to providing housing services that fit people's needs,' it said in a written response. 'Eskan Bank also gives borrowers a six-month grace period before their first payment is due, and allows instalments to be deferred for up to two years without extra charges.' MPs backing the cut say that even with these measures, borrowers are still weighed down by hefty repayments. 'The Constitution makes it clear that the government has a duty to help people get housing,' said Shuwaiter. 'The way things are now, people are being saddled with massive debt just to own a home. A 20 per cent reduction is a necessity.' Also read: BD322m Housing Push To Deliver 4,321 Homes By 2028
