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The Housing Ministry said that the distribution of the ready housing units at the “Khalifa Town” project is underway. The move follows the order of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, to distribute 5,000 housing units, within the directives of His…
“1st January 2018, VAT Mubarak GCC region” – the Kingdom of Saudi Arabia (KSA) and the United Arab of Emirates (UAE) implemented their domestic VAT laws. These countries fulfilled their commitment of implementing VAT law in their respective countries as per the Common VAT agreement signed by the 6 member states of the Gulf Co-operation…
With overall economic growth hovering around 3 percent in 2017, Bahrain registered the most vigorous growth among all Gulf Cooperation Council (GCC) nations. As government made many realistic efforts toward attracting more Foreign Direct Investments (FDIs) and diversifying the economy away from oil, real estate remains one of the key drivers in Bahrain’s robust growth….
Real Estate Regulatory Authority (RERA) and Bahrain Institute of Banking and Finance (BIBF) today signed a memorandum of understanding, by which training courses for real estate and sales agents will be staged, as part of the RERA Continuous Professional Development programmes for real estate professionals. RERA Chief Executive Officer Shaikh Mohammed bin Khalifa Al Khalifa…