Money and business

The opening of the “Building Building” sales center in Manama is a new strategy start to enhance Bahraini-Emirati real estate cooperation with 4 billion dollars ”

The “Building Bahrain” company opened today its main sales center in the capital, Manama, marking the launch of a new phase of investment cooperation in the real estate sector between the Kingdom of Bahrain and the United Arab Emirates, as part of a major strategic partnership worth 4 billion US dollars, in cooperation with “Eagle Hills International” and a number of partners.

The opening was attended by His Excellency Sheikh Abdullah bin Khalifa Al Khalifa, Chairman of the Board of Directors of Properties, His Excellency Mrs. Fatima bint Jaafar Al -Serafi, Minister of Tourism, His Excellency Mrs. Nour Ali Al -Khalif, Minister of Sustainable Development and CEO of the Economic Development Council, His Excellency Mrs. Amna Bint Ahmed Al -Rumaihi, Minister of Housing, as well as a number of senior executives and representatives of the official and economic authorities in the Kingdom.

In a statement on this occasion, His Excellency Mr. Mohamed Al -Abbar, Chairman of the Board of Directors of “Building Bahrain”, expressed his pride in the opening of the sales center, stressing that the project constitutes a qualitative shift in the real estate sector in the Kingdom of Bahrain, and embodies a comprehensive investment vision aimed at achieving sustainable urban development, through integrated projects that contribute to improving the quality of life, creating job opportunities, and enhancing the growth of the national economy.

For his part, Dr. Maher Al -Shaer, Managing Director of “Building Bahrain”, stressed that the opening of the sales center is a detailed moment in the real estate investment path in the Kingdom, and reflects the increasing confidence in the Bahraini business environment, noting that the project represents a real translation of the Bahraini Emirati partnership and an extension of a development vision targeting a balanced and prosperous real estate future.

He added:

“We do not establish a mere project, but rather draw the features of a modern real estate future in Bahrain, based on integration and comprehensiveness, and takes into account the quality of life, economic opportunities, and long -term sustainability.”

The “Building Building” plans include the development of integrated residential complexes targeting various segments of society, as well as commercial and recreational centers, public facilities and modern infrastructure. The company also seeks to create thousands of job opportunities, increase foreign direct investments, and enhance the contribution of the real estate sector to the local product.

The opening of the sales center today represents a real qualitative shift, and an important starting station to enhance Bahraini -Emirati economic integration, and to consolidate the Bahrain site, a regional and global destination that attracts real estate and tourism investment.

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