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Since Decree 19/2002, The Royal Court in Bahrain Loots, Gifts and Sells Public Property
2022-12-15
In Bahrain, all state property pursuant to Decree 19 of 2002, issued by the king at the beginning of his rule, is at the royal court's disposal. Since said decree, the royal court has been looting, gifting and selling without any accountability or oversight.
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Real Estate Office Commits Fraud against Gulf Nationals Selling them Real Estates Contrary to What they Agreed to
2018-07-16
A local newspaper said that a number of Gulf nationals were victims of the fraud of a real estate office that attracting customers with tempting prices to buy real estates through contracts between both parties, on the condition that the customer pays the bulk of the amount stated in the contract, and then begins to collect the agreed return for a few months before discovering the fictitious profits.
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Bahrain: Real Estate Trading in First Half of 2018 Reached Half Million USD, Real Estate Transactions Increased 21%
2018-07-15
President of the Survey and Land Registration Bureau (SLRB) Salman bin Abdulla Al Khalifa announced that trading in real estate in the Kingdom of Bahrain in the first quarter of 2018 reached about half million BD, indicating that the real estate and services sector achieved 3.8% growth and that the number of real estate transactions during the first half of this year increased by almost 21%.
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3 Mln Fine Expected for Company that Failed to Pay Amwaj Gate Auction Value
2018-04-20
A Bahraini judicial committee has begun legal proceedings against an investor who has failed to commit to his obligation to pay the auction value of the stalled Amwaj Gate project.
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Report: 9,950 Freehold Apartment Units in Bahrain amid Weak Demand, Price to Face Pressure
2018-04-19
A report issued by CBRE said that Bahrain's freehold apartment sector is poised for solid growth with a pipeline supply of almost 7,000 units planned for delivery over the next three years.
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RERA Calls for Expediting Registration of Companies, Warns of Legal Measures
2018-04-12
Real Estate Regulatory Authority called on development companies, brokerage and valuation firms and real estate owners to expedite registration of their companies, offices and projects before the expiration of the grace period stipulated by the law.
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Bahraini Businessman Dies in Prison of a Heart Attack
2018-03-15
A Bahraini businessman dies at 59 in Prison after suffering from a heart attack while engaging in physical exercise.
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Second Auction for Amwaj Gate to be Held on November 29
2017-11-17
The judicial Committee for the Settlement of Stalled Real Estate Projects set November 29 as a date of Amwaj Gateway project auction.
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Bahrain Committee Announces Closure of Stalled Juffair Views project
2017-10-31
The committee in charge of settling stalled real estate projects in Bahrain announced the closure of the Juffair Views project after the distribution of the sale proceeds of the project to the purchasers of the 58 units over a period of 24 days.
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Committee for Settlement of Stalled Real Estate Projects Starts Measures of Auctioning “Amwaj Gateway”
2017-08-23
Bahrain’s Judicial Committee for the Settlement of Stalled Real Estate Projects, has announced that the “Amwaj Gateway” development project will be auctioned publicly. The Committee said that the decision to offer the “Amwaj Gateway” project for auction came after exhausting all possibilities for a cordial settlement as per the procedures stipulated by decree law 66 for 2014, and was made following extensive consultation with developers and stakeholders.
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Lawsuit in Egypt to Stop Bahraini King from Owning Lands in Sinai
2016-10-13
An Egyptian newspaper reported that an attorney has filed a lawsuit to the administrative court demanding the annulment of Egyptian president Abdel Fattah Al-Sisi’s decision which grants Bahraini King Hamad Bin Isa Al Khalifa the same rights as Egyptians regarding ownership of lands and villas in South Sinai Governorate, for residential use.
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Bahraini Investcorp Bank Purchases American Tower for $223 Million
2016-09-19
ky News Channel said that the Bahrain-based alternative investment firm Investcorp purchased on Sunday an administrative building in Washington for $223.5 million.
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King Appoints Chairman & Member of Committee of Settlement of Stalled Real Estate Development Projects
2016-08-31
King Hamad bin Isa Al Khalifa issued Decree 67/2016, appointing Judge...