Tag: Bahrain

Construction & Real Estate

Bahrain medical city Phase I work set for 2026 completion

Work is in full swing at the King Abdullah Bin Abdulaziz Medical City (KAMC), a multi-million-dollar healthcare project coming up in the Southern Governorate of Bahrain with the first phase of work likely to be completed next year. ...

Construction & Real Estate

Bahrain ministry signs pact with Project Management Institute

Bahrain's Works Ministry has signed an agreement with Project Management Institute (PMI) as part of efforts to implement its strategic plans aimed at developing national infrastructure and promoting innovation in line with the kingdom's Economic Vision 2030. ...

Construction & Real Estate

Saudi–Bahrain energy ties boosted by ACWA Power–Bapco deal

ACWA Power and Bapco Energies signed a Joint Development Agreement to develop a multi-phase 2.8 GW solar plant with large battery storage in Saudi Arabia. Announced at the 2025 Saudi–Bahraini Coordination Council meeting, the project will supply Bahrain’s grid and support its renewable energy transition....

Construction & Real Estate

NBB seals finance deal with Kanoo for premium residential projects

The National Bank of Bahrain (NBB) has signed an agreement with Kanoo Real Estate, a division of the Yusuf Bin Ahmed Kanoo Group, to provide financing for their premium residential developments coming up in the kingdoms of Bahrain and Saudi Arabia. ...

Construction & Real Estate

Beyon submits master plan for $1.5bn Digital City

Beyon announced on the sidelines of Gateway Gulf 2025 that the comprehensive Master Plan for Digital City Bahrain, which will be located at Beyon’s headquarters in Hamala, has been submitted to the Urban Planning and Development Authority (UPDA). ...

Construction & Real Estate

Naseej completes its Nasayim Arad smart villa project

Leading Bahraini developer Naseej has announced the completion of its Nasayim Arad smart villa project in record time. The project includes 17 villas equipped with smart home solutions for lighting, AC and safety systems in line with sustainability principles. ...

Construction & Real Estate

Areen awards contract for premium Bahrain boulevard project

Areen Development has awarded the construction contract for its premium project - Boulevard Al Areen - to Al Hamad Contracting. The project features over 16,000 sq m of expansive retail space within a total built-up area of 120,000 sq m, offering modern residential options. ...

Construction & Real Estate

Bahrain inks deal to extend PPA for 950MW power plant

Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power producers, for its key 950MW power plant in the Hidd region. ...

Construction & Real Estate

Eskan Bank inks deal to expand Bahrain housing finance options

Bahrain's Eskan Bank has signed a collaborative agreement with seven commercial banks to activate the Tumooh Programme, a strategic step designed to expand housing finance options for the kingdom's citizens and boost the national housing ecosystem. ...

Construction & Real Estate

Diyar Al Muharraq unveils opportunity to own premium waterfront homes

Diyar Al Muharraq, Bahrain’s largest real estate development company, will present a range of exclusive offers and showcase progress across several of its signature developments, including Al Wasem and Suhail at the fourth edition of Cityscape Bahrain. ...

Construction & Real Estate

NBK breaks ground for $66m first international HQ in Bahrain

The National Bank of Kuwait (NBK) Group, the largest financial institution in Kuwait, a holder of the Kingdom of Bahrain’s Golden License, has broken ground on its first international headquarters in the Kingdom, marking a significant milestone in the group’s regional expansion strategy, underscoring its longstanding commitment to Bahrain....

Construction & Real Estate

Bahrain awards tenders worth $3bn in first nine months of 2025

Bahrain’s government has awarded tenders worth $3 billion (BD1.155 billion) during the first nine months of 2025, government procurement regulator, the Tender Board, announced at the prestigious investment forum, Gateway Gulf 2025....

Construction & Real Estate

Mumtalakat, SandboxAQ in deal to build $1bn biotech hub in Bahrain

Bahrain Mumtalakat, the sovereign wealth fund of the kingdom, has entered into a strategic partnership with SandboxAQ, a global leader in AI and quantum techniques, in a move that will see the two create over $1 billion in value for the kingdom through new biotech assets in the country. ...

Construction & Real Estate

Seef Downtown development project work on track

Work is moving at a steady pace on the Seef Downtown project coming up in the kingdom on a 24,000 sqm area. Once completed, it will boast restaurants, cafes, a public promenade, green spaces as well as flexible commercial units and parking facilities....

Construction & Real Estate

EWA launches tender for Bahrain’s first solar power plant

Bahrain's Electricity and Water Authority has announced the launch of a tender for the development of kingdom’s first solar power plant. Once operational, it is set to provide electricity for 6,300 homes and cut carbon emissions by 100,000 tonnes. ...

Construction & Real Estate

Beyon, Batelco by Beyon win big at Gitex Global 2025 Awards

Bahrain's leading telecom groups Beyon and Batelco by Beyon have won two prestigious accolades at the MEA Technology Achievement Awards 2025, held as part of the ongoing Gitex Global 2025 expo at the Dubai World Trade Centre. ...