

The foundations for $183 million Amwaj Gateway are to be laid next month and the project is aimed for completion within 30 months.
Covering a plot of land measuring around 360,000 sq ft within the Amwaj Islands to the north of Bahrain, the project will house six 20-storey towers that will accommodate around 550 different units. The development will feature condos, apartments, a hotel, restaurants, commercial outlets, town houses, swimming pools, gymnasiums and a private beach.
The Bahrain-based Real Estate Finance Company (Reef) and Amwaj Gateway Company have recently signed a Memorandum of Understanding (MoU) to establish Reef as the mortgage company of choice for the development.
The Bahrain-based RealCapita and Yara Investment Company are developing the project.