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Tag: bahrain

Construction & Real Estate

Investcorp unit buys over $200m US industrial real estate portfolio

Investcorp, a global alternative investment firm based in Bahrain, has announced that one of its key units, Investcorp Capital, has acquired a diversified US industrial real estate portfolio worth $200 million. It comprises 19 industrial properties spanning over 1.4 million sq ft across DFW, Chicago, Indianapolis and Cincinnati. ...

Construction & Real Estate

Bahrain issues public tender for strategic highway project

A major multi-million dinar upgrade of one of Bahrain’s busiest transport corridors – Shaikh Jaber Al Ahmed Al Sabah Highway – has entered the tender stage after royal ratification of its financing agreement....

Construction & Real Estate

Bahrain's NBH cycling loop gets solar-powered calling units

Bahrain's Works Ministry, in collaboration with Northstar Technology, has implemented an advanced, solar-powered emergency communication system along the NBH Loop, a 50-kilometre dedicated cycling, running, and walking track located in Zallaq....

Construction & Real Estate

Al Baraka seals housing finance agreement with Eskan Bank

Al Baraka, a leading Islamic bank in the Kingdom of Bahrain, has announced that it has signed the third addendum to the housing finance programmes agreement with Eskan Bank. This step incorporates the “Sale of Residential Units Prior to Completion” programme under the framework of their joint co-operation. ...

Construction & Real Estate

Diyar Al Muharraq launches exclusive waterfront residential plots

Diyar Al Muharraq, a leading real estate development company in Bahrain, has announced the release of its premium residential seafront plots within its Mozoon development. This exclusive selection features 13 plots, meticulously positioned to offer direct and breathtaking views of the Main Canal. ...

Construction & Real Estate

Tabreed awards EPC contract for key Bahrain district cooling project

Tabreed Bahrain, a leading provider of sustainable district cooling solutions in the kingdom, has appointed Arabian International Company as the engineering, procurement and construction (EPC) contractor for the expansion of its chilled water network in the northern seafront area of Manama. ...

Construction & Real Estate

Three utility firms in race for New Sitra 400kV Grid Substation project

Bahrain's Electricity and Water Authority (EWA) has announced that three utility firms are vying for the contract to develop 400kV and 220kV feeder cable works as part of the New Sitra Grid Substation project. The scope of work includes design, manufacture, supply, installation, testing and commissioning of the feeder cables. ...

Construction & Real Estate

New waterfront project set to open in Bahrain next year

Bahraini authorities said a new waterfront project designed with families in mind is taking shape in the Northern Governorate and is set to provide residents with free access to diverse leisure amenities when it opens next year, said a report. ...

Construction & Real Estate

Bahrain says historic Manama Suq revamp set for Q4 completion

Bahraini authorities has announced that a major revamp of Manama’s historic suq is currently underway, with the redevelopment of the covered arcade and the Bab Al Bahrain complex scheduled for completion by the fourth quarter, said a report. ...

Construction & Real Estate

Framework agreement for $340m Shaikh Jaber Highway Phase II work approved

The framework agreement for the financing of the second phase of the Shaikh Jaber Al Ahmad Al Sabah Highway Development Project, estimated at nearly BD129 million ($340 million), has been approved by His Majesty King Hamad bin Isa Al Khalifa of Bahrain, said a report. ...

Construction & Real Estate

Bahrain real estate activity surges in 2025 amid falling prices, rents

Bahrain’s real estate market recorded strong growth in transaction activity in 2025, even as prices and rents declined across several segments, highlighting uneven performance across the property sector. The total transaction value jumped 51.6% to BD1.6 billion ($4.2 billion), hitting a new high in over a decade, said an expert. ...

Construction & Real Estate

Bahrain's Foulath Holding declares force majeure over Mideast tensions

Foulath Holding, an industrial holding company with major steel investments and the parent company of Bahrain Steel and SULB, has announced a force majeure situation affecting certain group operations as a result of the ongoing regional conflict in the Middle East. ...

Construction & Real Estate

Midal Cables achieves EcoVadis Platinum Rating

Midal Cables has been awarded the EcoVadis Platinum Rating, the highest level of recognition granted by EcoVadis, placing the company among the top 1% of more than 130,000 companies assessed globally....

Construction & Real Estate

Bahrain launches international tender for Bilaj Al Jazayer Solar IPP

Bahrain's Electricity and Water Authority (EWA) has announced the launch of an international tender for the development of Bilaj Al Jazayer Solar IPP with a planned capacity of up to 100 MWac. The key solar farm is set for commercial operations in September next year. ...

Construction & Real Estate

Bahrain to float tenders for key phase of Shaikh Jaber highway project

Bahraini authorities have announced that a major expansion of one of the kingdom’s busiest transport corridors is being fast-tracked with the next phase of the Shaikh Jaber Al Ahmad Al Sabah Highway project expected to be tendered soon, pending royal approval of the financing agreement, said a report. ...

Construction & Real Estate

1 dead, several injured in Iranian drone attack on Bahrain residential tower

One person was killed and several others were injured when a residential building in Bahrain's capital Manama was hit by Iranian drones late last night in a flagrant violation of international humanitarian law, which prohibits the use of UAVs to target civilian objects, said the Kingdom's Ministry of Interior. ...

Construction & Real Estate

Several homes damaged in Bahrain after Iranian drone attack, many injured

A number of houses in the Sitra area of Bahrain were damaged as a result of Iranian drone attack late last night which left many injured, according to the kingdom's Ministry of Interior. Earlier in the day, a water desalination plant and a university building were targeted. ...

Construction & Real Estate

Iran drones target Bahrain desalination plant, university building

A water desalination plant and a university building were targeted in a Iranian drone attack this morning, according to the Bahrain's Ministry of Interior. Material damage was inflicted on the university building and three people got injured in the attack. ...

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