Latest news with #SocialHousingInnovationConferenceandExhibition
Biz Bahrain
25-04-2025
- Business
- Biz Bahrain
Housing Ministry signs MoU with AEO-Bahrain
The Ministry of Housing and Urban Planning has signed a memorandum of understanding (MoU) with the Association of Engineering Offices-Bahrain (AEO) to strengthen cooperation, support housing initiatives, and promote the exchange of expertise. The agreement also aims to enhance the quality of housing services and expand the contribution of Bahraini engineering offices to national housing projects. The MoU was signed on the sidelines of the Social Housing Innovation Conference and Exhibition. Fatima Ibrahim Al Mannai, Undersecretary of the Ministry of Housing and Urban Planning, emphasised the importance of deepening collaboration between the Ministry and the private sector, particularly engineering offices, which play a key role in advancing housing services and project development. She commended the significant contributions of Bahraini engineering offices to the Kingdom's broader development efforts. Al Mannai noted that the MoU seeks to provide engineering services of the highest standards to citizens benefiting from housing support, while also enhancing the role of local engineering offices in projects implemented by the Ministry. On his part, Faek Jumaa Mandil, Chairman of AEO-Bahrain, affirmed the value of reinforcing public-private partnerships and maintaining close coordination to achieve shared goals. He praised the Ministry's efforts to deliver housing services to citizens and to engage the engineering sector in developmental projects. BNA(R)
Daily Tribune
24-04-2025
- Business
- Daily Tribune
Deputy Prime Minister inaugurates Social Housing Innovation Conference and Exhibition
TDT | Manama The social housing sector in the Kingdom of Bahrain remains a top national development priority. This was emphasised by the Deputy Prime Minister, His Excellency Shaikh Khalid bin Abdullah Al Khalifa, who was deputised by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to inaugurate the Social Housing Innovation Conference and Exhibition. The event, held under the patronage of HRH the Crown Prince and Prime Minister, will be under the theme 'Towards Innovative and Sustainable Housing Solutions' and will take place from April 23 to 25 at the Exhibition World Bahrain (EWB). Shaikh Khalid bin Abdullah noted that the sector receives continuous support under the leadership of His Majesty King Hamad bin Isa Al Khalifa, who has directed efforts to accelerate housing projects to deliver 50,000 new housing units and improve public services, thereby advancing the Kingdom and enhancing family wellbeing. The Deputy Prime Minister emphasised that the government, under the leadership of HRH Prince Salman, has launched new financing programmes and options aimed at delivering prompt housing services tailored to citizens' needs and preferences. These efforts support the implementation of government priorities for the 2023–2026 programme. Shaikh Khalid bin Abdullah also highlighted the follow-up and directives of HRH the Crown Prince and Prime Minister to expand projects under the Government Land Development Rights Programme, which is currently being implemented across the Kingdom in partnership with the private sector. He commended the Ministry of Housing and Urban Planning and Eskan Bank for organising the conference. The Deputy Prime Minister emphasised that the event serves as a platform for stakeholders from Bahrain and abroad, including those from both the public and private sectors as well as international experts, to discuss the current state of social housing, its challenges, and development opportunities. Commitment Shaikh Khalid bin Abdullah also commended the active participation of government entities, real estate companies, and commercial banks in the accompanying exhibition, noting that their involvement reflects a commitment to providing housing projects and solutions that help citizens access suitable housing as swiftly as possible. He wished the organisers continued success. During the opening ceremony, memorandums of understanding were signed between the Ministry of Housing and Urban Planning and several real estate firms to implement projects under the Government Land Development Rights Programme. The Deputy Prime Minister then honoured the companies supporting the conference and inaugurated the exhibition. Unwavering support On her part, H.E. Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, thanked His Majesty King Hamad for his unwavering support of the social housing sector. She underscored the Ministry's and Eskan Bank's commitment to fulfilling His Majesty's vision by accelerating housing projects and delivering 50,000 housing units. The Minister also thanked HRH the Crown Prince and Prime Minister for supporting the conference and exhibition, which aligns with HRH the Crown Prince and Prime Minister's directives to expand events that promote awareness of housing finance programmes.
Zawya
24-04-2025
- Business
- Zawya
New housing finance plans announced in Bahrain
Bahrain - Housing and Urban Planning Minister Amna Al Romaihi has announced four new housing programmes. They aim at accelerating project implementation and expanding affordable housing options in partnership with the private sector. The announcement was made during the opening of the Social Housing Innovation Conference and Exhibition, held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, at the Exhibition World Bahrain yesterday. The new programmes support the royal directive to provide 50,000 housing units. The minister introduced the Tamouh (Ambition) programme, which offers eligible beneficiaries of the 'Tas'heel' and 'Tas'heel+' financing schemes an additional BD20,000 10 years after receiving their main housing loan, allowing for future housing upgrades. She also launched the 'Off plan Sales' programme, which allows developers to begin selling housing units before construction is completed, enabling citizens to reserve units early and secure financing in advance. This model is being applied to the 'Hai Al Naseem' project in Salman Town and the 'Al Wadi' project in Buhair, both now open for reservations. The 'Private Land Development Rights' programme was also announced, enabling private developers to build housing projects on their own land for citizens benefiting from housing finance, with government support provided for project facilitation and marketing. In addition, the ministry unveiled the second version of the 'Bayti' platform, now featuring online reservation and contract signing, integrated with the upgraded eKey system and a digital financing calculator. The minister confirmed a memorandum of understanding with local and international companies, including Naseej, CMEC, Ritaj, Almoayyed, and WCT Berhad, to construct nearly 3,000 units in Khalifa Town, marking the largest development under the government land programme to date. She also announced the start of applications for the new 'Tas'heel+' financing option, which provides up to BD91,000 for eligible citizens, with flexible repayment terms tailored to income levels. For more information on the new programmes and available housing options, citizens can visit the ministry's pavilion at the exhibition, which runs until Friday tomorrow. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
