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Tag: bahrain

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. ...

Construction & Real Estate

Acwa, GS Inma in race for Bahrain’s Hidd Independent Water Project

Bahrain's Electricity and Water Authority (EWA) has announced that it has received bids from leading utility developers - Saudi group Acwa (formerly Acwa Power) and Spanish major GS Inima Environment - for its landmark Hidd Independent Water Production (IWP) Project. ...

Construction & Real Estate

Eskan Bank signs up Mazen Al Umran as consultant for Seef Greens project

Eskan Bank, a leading bank in Bahrain, has appointed Mazen Al Umran as the official design and supervision consultant for its Seef Greens development. A key urban development project in the kingdom, it features a mix of residential and commercial elements along with premium amenities. ...

Construction & Real Estate

Naseej acquires Bahrain Investment Oasis

Naseej, a fully-integrated real estate and infrastructure development company based in Bahrain, has acquired Bahrain Investment Oasis (BIO) in Bahrain International Investment Park, within the Salman Industrial City, Hidd. ...

Construction & Real Estate

Bahrain set to ink deal for $340m Phase II Shaikh Jaber highway project

Bahrain is set to sign a major financing agreement with Kuwait Fund for Arab Economic Development to advance the work on Phase Two of the Shaikh Jaber Al Ahmad Al Sabah Highway project. The total cost of the second phase is estimated at BD128.6 million ($340 million), said a report. ...

Construction & Real Estate

BENEFIT, Safa join hands to drive Bahrain’s key sustainability initiatives

BENEFIT, a leading company in Bahrain's fintech sector, has joined hands with Safa, a voluntary carbon offsetting platform and a portfolio company of the kingdom's sovereign wealth fund Mumtalakat, in a move aimed at driving Bahrain’s sustainability and climate action initiatives. ...

Construction & Real Estate

Sustainability Forum Middle East ends on successful note

Sustainability Forum Middle East (SFME) concluded its fourth edition on a successful note in Bahrain following two days of high-level dialogue on energy transition, sustainable finance, and long-term competitiveness and climate transformation featuring more than 650 regional and global leaders. ...

Construction & Real Estate

Tabreed signs up for Sustainability Forum Middle East 2026

Tabreed, a global leader in energy-efficient district cooling and sustainable cooling infrastructure, has announced that it has signed up as a lead partner for the fourth edition of the Sustainability Forum Middle East (SFME), a major industry event being held this week in Bahrain. ...

Construction & Real Estate

Ithmaar Development Company appoints Nayef Nasser Alnasser as MD

Ithmaar Development Company (IDC), a specialised company in the development and management of major development, real estate and other infrastructure projects, and a wholly-owned subsidiary of Ithmaar Group, has appointed Nayef Nasser Alnasser as a Managing Director of IDC, succeeding Mohammed Khalil Alsayed. ...

Construction & Real Estate

Bahrain's Awali City set for major revamp

His Majesty King Hamad was briefed on the proposed masterplan to redevelop Awali City in Bahrain, covering commercial, office and residential units as well as green spaces in addition to a pedestrian and sports pathway. It is aimed at preserving the architectural identity and urban heritage of the city. ...

Construction & Real Estate

Global leaders to chart sustainable future at top Bahrain forum

Leading global advisory groups, policymakers, sustainability leaders and business decision-makers will be in Bahrain for the Sustainability Forum Middle East event where they will discuss ways to tackle climate risks, embed sustainability into core business models as well as boost net-zero transition. ...

Construction & Real Estate

Work to start on Budaiya Road development project

Following the completion of technical bidding, Bahraini authorities are all set to start work on the Budaiya Road development project. It spans 6.7km, extending from Budaiya intersection with Shaikh Khalifa Bin Salman Highway in the east to its Janabiya Road junction in the west. ...

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