Money and business

Khalfan: “Gulf Gateway” is a media platform that presents the world with the opportunities available in Bahrain

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Amwaj Beachfront CEO, Ahmed Khalfan, confirmed that the third edition of the Gulf Gate Forum was not limited to economic activity only, but provided the world with a media platform for the opportunities available in the Bahrain market. Khalfan noted the agreements that were signed over the two days of the forum, which exceeded 33 agreements and 61 investment announcements worth more than 17 billion US dollars to Bahraini and international entities in more than one economic sector, explaining that the real estate sector seeks through the forum to seize distinct opportunities for investors wishing to buy Real estate in the Kingdom.

The CEO of Amwaj Beachfront Company pointed out the growth of foreign investors who have entered the Bahraini market, which opens the door to promising and rewarding investment opportunities, and makes the company focus on hotel real estate development and freehold ownership. He pointed out that the company is working on the “Melia Hotels and Resorts” project, which will be fully ready within two years, and includes more than 100 townhouse units and 600 apartments and hotel apartments, for sale under the freehold system.

Khalfan pointed out the increase in the number of investors entering the Bahrain market during the last period, the change in their patterns and the entry of new nationalities who began searching for real estate investments in the Kingdom of Bahrain.

He said: “The market witnessed a growing demand from our brothers in the Kingdom of Saudi Arabia, Qatar, and Kuwait, and there was a noticeable change in the demand for real estate from investors coming from the West, as European nationalities such as Ireland, Britain, Spain, and even Eastern Europe began looking for investment opportunities in Bahrain, and we saw more attractiveness for purchasing real estate in the Kingdom.”

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