Money and business

Bahrain celebrates a quarter century of giving…a procession of achievements under the leadership of the Great King

Nasser Al-Ahly

On this dear national occasion, the Kingdom of Bahrain celebrates a quarter of a century since His Majesty King Hamad bin Isa Al Khalifa, the Great King of the country, assumed the reins of power. Twenty-five years ago, during which the Kingdom embodied a unique model of wise leadership, sustainable development, and national cohesion, as the Kingdom witnessed remarkable development in various sectors, and the real estate sector was one of the most prominent axes of the comprehensive renaissance led by His Majesty.

– An inspiring reform project: From the first day of His Majesty the King assuming the reins of power, his insightful vision was evident in launching the reform project that constituted a milestone in the history of the Kingdom. Under the umbrella of this project, the Bahraini people were able to participate in decision-making through elected councils, and human rights were supported. This made Bahrain a regional model for social justice and human development.

– A comprehensive renaissance in various fields: During the reign of His Majesty, Bahrain witnessed a comprehensive renaissance that affected all aspects of life. The values ​​of democracy were consolidated through the reform project of His Majesty the King, which established the rules of popular participation and redrawn the features of the relationship between the leadership and the people, making Bahrain a pioneering model in consolidating the principles of justice and equality.

During this era, the Kingdom also accompanied a comprehensive economic transformation, as strategic initiatives were launched to enhance economic diversification with major projects, such as Salman City, Khalifa Bin Salman Port, and the new Bahrain International Airport, which demonstrated that Bahrain is moving confidently towards a prosperous economic future.

Today, the Kingdom occupies a prominent position as a global financial and commercial center, benefiting from flexible economic policies that have made it a preferred destination for regional and international investments.

– Promoting real estate investment: Bahrain witnessed a significant development in real estate laws, which contributed to opening the way for foreign and Gulf investors to own real estate. This strategic step increased the attractiveness of the Bahraini real estate market and contributed to stimulating investment in commercial and residential projects.

In light of technological development, the Bahraini real estate sector has witnessed a digital transformation thanks to the support of the wise leadership. Real estate digital platforms, such as the Aqari platform and the Bayti platform, have contributed to facilitating real estate transactions and increasing market transparency.

– Sustainability and urban planning: Sustainable urban planning played a prominent role in achieving Bahrain Vision 2030. Emphasis was placed on creating environmentally friendly projects that rely on renewable energy technologies, take into account population density, and keep pace with future needs.

– A message of pride and loyalty: On this precious national occasion, we all stand in reverence and appreciation for His Majesty the King, who led Bahrain with wisdom and insight towards a promising future. We look back at these twenty-five years with great pride, and affirm our commitment to continuing the blessed path that reflects His Majesty’s vision to achieve the aspirations of his loyal people. May God protect Bahrain, and preserve His Majesty the King as a wise leader and national symbol who inspires us to achieve more great achievements.

* Member of the Board of Directors of the Bahraini Businessmen Association

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