The viability reflected in the real estate sector
does not vary greatly among the countries of
the region, whether in terms of the nature of
projects, target clients, the plans designed to
attract investors or branching out. It is more
evident now that that the GCCs are commonly
implementing development strategies, as
well as diverse income-generating projects
that are almost identical in nature within these
countries. Yet these strategies and plans differ
in their timing, priority for implementation and
the amount of investment available. Such
investment activities are better demonstrated
in the Bahraini economy, as the overall
momentum of the Bahraini economy reflects
steady growth amongst all domains of the
life of the Kingdom, despite the economic
regress taking place in the region as a
whole. The attention directed from the State
of Bahrain to design the required rules and
regulations had a direct impact towards
more stabilization and reduced negative
effects whenever it occurred. The upcoming
phase is rather more significant as it is
a transit to stability, economic boom and
recovery, and from targeting local demand to
branching out. Amongst all major investment
sectors, within the environment open to
external investments and accelerating
accomplishments in the region, the Real
Estate Sector is at the peak of all indexes.
Mazaya Monthly Real Estate Report
OCTOBER 2014
The Weekly Report of Al Mazaya Holdings
gives credit to the close follow up and
concern the Government of the State of
Bahrain is giving to the sector, which is the
reason behind the consistency and stability
it is currently witnessing. As part of this
concern, the Central Bank of Bahrain is
reviewing the status of stumbling projects,
in terms of their value and legal stand. This
revision aims to identify the options available
to the sponsoring banks to find a rapid
remedy for these stumbling projects, and
helps them decide the best means as to how
to utilize funds when planning for upcoming
development projects. The Financial System
in Bahrain is keen to avail maximum security
and stability to the financial institutions
operating in the State, meeting international
standards applicable in this field with the
ultimate aim of attracting more investments
and capitals. The State of Bahrain is also
formulating a comprehensive vision similarly
designed to propose solutions to attract
foreign investment and push the economic
wheel forward. Registration, lease, and real-
estate development regulations are receiving
equivalent attention to allow flexibility,
encourage sensitivity to the coming needs
and increase national employment rates.
2
Bahraini Real Estate Sector turns Energetic meeting
Local Demand and targets outside Markets
