Latest news with #Tas'heel+
Daily Tribune
25-04-2025
- Business
- Daily Tribune
NBB signs deals with Real Estate Developers
The National Bank of Bahrain (NBB) has signed five Memorandums of Understanding (MoUs) with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. Held from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers. Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, 'By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.'
Biz Bahrain
25-04-2025
- Business
- Biz Bahrain
NBB Signs Strategic Agreements with Leading Real Estate Developers During Innovation Summit in Social Housing 2025
The National Bank of Bahrain (NBB) has signed five Memorandums of Understanding (MoUs) with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. Held from 23rd to 25th April at the Exhibition World Bahrain (EWB), the Summit gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers. Commenting on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said, 'We are pleased to sign these agreements, each reflecting a shared commitment to simplify property acquisition for eligible customers under social housing schemes. By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.' The signing of these MoUs underscores NBB's strategic approach to streamline financing for qualified buyers of government-backed projects and bring them closer to a network of trusted real estate providers. The Bank remains focused on entering partnerships that directly support the Ministry of Housing & Urban Planning's long-term goals to enhance the quality of living for citizens.
Zawya
25-04-2025
- Business
- Zawya
Bahrain: Diyar Al Muharraq launches key residential plots for sale
Leading Bahraini real estate developer Diyar Al Muharraq has announced the sales launch of residential plots within its Al Wasem development in the kingdom, at the ongoing Innovation Summit 2025 in the Social Housing Sector. Being held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, the three-day summit concludes tomorrow (April 25) at the Exhibition World Bahrain Centre. The Summit witnessed the introduction of 'Tas'heel +', the latest financing solution launched by the Ministry of Housing and Urban Planning in collaboration with Eskan Bank. In conjunction with this initiative, Diyar Al Muharraq opened the Al Wasem plot sale, allowing aspiring homeowners to benefit from Tas'heel + financing. Al Wasem is the first project in Diyar Al Muharraq's Northern Islands and boasts a prime and exceptional location, surrounded by upscale commercial centers and prestigious international educational institutions. The development features wide internal streets measuring 20m in width and offers a range of residential plot options, including 58 exclusive waterfront plots starting at 360 sqm, in addition to 81 inland plots starting from approximately 302 sqm. The Bahraini developer unveiled an exclusive promotion for the visitors at the event with a special offer on Al Wasem plots for BD91,000 ($240,571) onwards in alignment with the Tas'heel + financing programme. Speaking on the occasion, CEO Eng. Ahmed Ali Alammadi said: "We are honored to take part in the 2025 Innovation Summit and Exhibition in the Social Housing Sector and present residential plots from Al Wasem at this prominent real estate event." "Through this step and the launch of sales under the new Tas'heel + financing scheme, we aim to empower more citizens to realize their dream of building a lifelong home within a modern, integrated community. This initiative also reinforces our firm belief in the importance of strengthening public-private collaboration to support the national housing sector," he added. Diyar Al Muharraq is Bahrain'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.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
24-04-2025
- Business
- Trade Arabia
Diyar Al Muharraq launches key residential plots for sale
Leading Bahraini real estate developer Diyar Al Muharraq has announced the sales launch of residential plots within its Al Wasem development in the kingdom, at the ongoing Innovation Summit 2025 in the Social Housing Sector. Being held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, the three-day summit concludes tomorrow (April 25) at the Exhibition World Bahrain Centre. The Summit witnessed the introduction of 'Tas'heel +', the latest financing solution launched by the Ministry of Housing and Urban Planning in collaboration with Eskan Bank. In conjunction with this initiative, Diyar Al Muharraq opened the Al Wasem plot sale, allowing aspiring homeowners to benefit from Tas'heel + financing. Al Wasem is the first project in Diyar Al Muharraq's Northern Islands and boasts a prime and exceptional location, surrounded by upscale commercial centers and prestigious international educational institutions. The development features wide internal streets measuring 20m in width and offers a range of residential plot options, including 58 exclusive waterfront plots starting at 360 sqm, in addition to 81 inland plots starting from approximately 302 sqm. The Bahraini developer unveiled an exclusive promotion for the visitors at the event with a special offer on Al Wasem plots for BD91,000 ($240,571) onwards in alignment with the Tas'heel + financing programme. Speaking on the occasion, CEO Eng. Ahmed Ali Alammadi said: "We are honored to take part in the 2025 Innovation Summit and Exhibition in the Social Housing Sector and present residential plots from Al Wasem at this prominent real estate event." "Through this step and the launch of sales under the new Tas'heel + financing scheme, we aim to empower more citizens to realize their dream of building a lifelong home within a modern, integrated community. This initiative also reinforces our firm belief in the importance of strengthening public-private collaboration to support the national housing sector," he added. Diyar Al Muharraq is Bahrain's largest integrated residential city that blends luxury with the core family values of Bahraini society.
Trade Arabia
24-04-2025
- Business
- Trade Arabia
NBB seals strategic deals with top developers at Bahrain summit
The National Bank of Bahrain (NBB) has signed five MoUs with prominent real estate companies during its participation in the recent Innovation Summit in Social Housing 2025. The summit which concludes tomorrow (April 25) at the Exhibition World Bahrain (EWB) has gathered key industry stakeholders to collaborate on advancing national housing ambitions. NBB formalised the MoUs at its dedicated stand with ERA Real Estate, Kayan Real Estate, Delmon Gate, Best Location Properties, and Al Janabiya Gate. The agreements aim to offer social housing beneficiaries access to a broad range of property options backed by NBB's financing solutions such as its new Tas'heel+ product, said the bank in a statement. The Bank will work closely with each company to facilitate hassle-free purchase experiences for customers throughout their homeownership journey, it stated. Through these collaborations, the Bank will further expand its mortgage finance portfolio to offer a more diversified pool of properties aligned with the financing needs of prospective buyers, it added. Speaking on the occasion, Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB said: "We are pleased to sign these agreements, each reflecting a shared commitment to simplify property acquisition for eligible customers under social housing schemes. By combining our financing and advisory expertise with the market presence of our partners, we are building a more efficient and responsive ecosystem that supports homeownership aspirations across the Kingdom.' These MoUs underscore NBB's strategic approach to streamline financing for qualified buyers of government-backed projects and bring them closer to a network of trusted real estate providers, he stated.
