Binaa Al Bahrain launches operations; flagship Bayview to follow
Binaa Al Bahrain, a newly formed real estate developer backed by Eagle Hills Diyar and strategic partners, has commenced operations, the company said on Thursday (May 15).
The developer also announced the upcoming launch of its flagship residential project, Bayview, which is set to open later this month in Bahrain Bay. The Bayview project will offer premium living with stunning waterfront views, contemporary architecture, generous open spaces, and a lively promenade featuring select retail and leisure outlets.
Binaa Al Bahrain said the move reflects Bahrain's push for integrated and sustainable urban development, aiming to strengthen its position as a prime destination for real estate investment in the region.
Mohamed Alabbar, Chairman of Binaa Al Bahrain, stated: "Our experience with Eagle Hills showed us how to turn vision into tangible success. With Binaa Al Bahrain, we're continuing that journey — driven by a unified strategy to develop future-ready urban spaces. Bahrain offers a resilient, investor-friendly environment, and what we build here will shape the next chapter of urban development in the region.'
Dr. Maher Al Shaer, Managing Director, added: "We are committed to a people-centric approach that prioritises thoughtful planning and design. In the coming months, we'll announce new partnerships and projects set to launch across strategic locations in 2025 and beyond.'
The company aims to deliver human-focused urban communities that align economic potential with social needs.
With this forward-looking agenda, Binaa Al Bahrain said it is poised to drive the next wave of real estate development in the kingdom — revitalising key areas, supporting economic diversification, and contributing to a dynamic, livable urban future aligned with Bahrain's national vision. -TradeArabia News Service.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
a day ago
- Daily Tribune
Bahrain-UK agreement: What Happens Next?
TDT | Manama A day after the landmark Bahrain-UK defense agreement was signed, key strategic details are now emerging, outlining plans for deeper military coordination, stronger maritime security, and the United Kingdom's significant move into the Bahrain-USled Comprehensive Security and Prosperity Agreement. The agreement, formalized during the official UK visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince Deputy, Supreme Commander and Prime Minister, signals a further strengthening of the Kingdom's longstanding strategic relationship with Britain. It specifically highlights critical areas of future cooperation and mutual benefit. Maritime partnership His Excellency Lieutenant General Abdullah bin Hassan Al Nuaimi, Minister of Defense Affairs, emphasized that maritime security has emerged as a central component of the agreement. Plans are in place for intensified naval exercises, coordinated joint patrol operations, and enhanced maritime surveillance involving Bahrain Defense Force and British armed forces personnel. 'The signing of this defense cooperation agreement is rooted in our distinguished partnership, continuously strengthened under the leadership of His Majesty King Hamad bin Isa Al Khalifa and the directives of HRH the Crown Prince and Prime Minister,' stated Al Nuaimi. He noted that expanding maritime cooperation is essential to maintaining regional stability and addressing evolving security challenges in Gulf waters. Trilateral expansion Another critical dimension unveiled in the agreement is the UK's access to the Comprehensive Security and Prosperity Agreement, previously a bilateral arrangement between Bahrain and the United States. This significant strategic step positions the UK firmly within a trilateral security framework, broadening collaborative defense and security operations in the region. 'The United Kingdom's inclusion, based on invitations extended by Bahrain and the United States, will elevate our joint security coordination and open broader avenues of cooperation, enhancing the mutual security interests of our nations,' Al Nuaimi explained. Deep-rooted alliance The Defense Minister also underscored the historic depth of the Bahrain-UK relationship, recognizing Britain as one of Bahrain's most vital strategic allies. He credited the ongoing strength of this bilateral partnership to decades of effective military and strategic cooperation between the two countries. As Bahrain and the UK now transition from signing agreements to executing strategic plans, expectations are high for tangible results, particularly in maritime security, joint military training, and broader defense coordination.
Daily Tribune
2 days ago
- Daily Tribune
MP Al Dhaen Hails UK-Bahrain Defence and Investment Deals as Milestone in Global Cooperation
TDT | Manama MP Dr. Maryam Al Dhaen has praised the UK-Bahrain defence and investment agreements signed during the official visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to London on Thursday, describing them as a clear signal of international trust in Bahrain's strategic direction. Dr. Al Dhaen said the agreements underscore Bahrain's rising influence in global diplomacy and security, pointing to the Kingdom's leadership in forging partnerships that strengthen regional stability and long-term economic growth. She highlighted the potential of the new accords to advance cooperation in cybersecurity, defence training, and investment, particularly in sectors like artificial intelligence and digital infrastructure. Growing Recognition Al Dhaen added that the reception given to Bahrain in London, including support for its UN Security Council bid, reflects the growing confidence in the Kingdom's role as a constructive, stabilising force in the region. She noted that the UK's engagement builds on Bahrain's earlier diplomatic initiatives under the Comprehensive Security and Prosperity Agreement (C-SIPA), broadening the scope of cooperation across defence and development fronts. Al Dhaen also expressed hope that the agreements would serve as a model for future collaborations, inspiring deeper integration among allied nations seeking to address global challenges through shared security frameworks and joint investment strategies.
Gulf Insider
2 days ago
- Gulf Insider
Qatar's Economy to Grow 6.5 Per Cent by 2027
Qatar's economy is set to accelerate significantly over the next two years, with growth projected to rise from 2.4 per cent in 2025 to an average of 6.5 per cent in 2026–2027, according to the World Bank's Gulf Economic Update. The sharp rise in growth will be driven primarily by the North Field LNG expansion, which is expected to boost Qatar's liquefied natural gas (LNG) output by 40 per cent, transforming the country's hydrocarbon sector performance. While hydrocarbon growth is expected to remain modest at 0.9 per cent in 2025, the World Bank anticipates a major turnaround once the new LNG capacity comes online, cementing Qatar's position as a global energy leader. In parallel, non-hydrocarbon sectors such as education, tourism, and services continue to show strong momentum, supported by infrastructure investment and international partnerships. This diversification effort is central to Qatar's long-term economic vision. Key insights from the World Bank report: Qatar's economic growth: 2.4 per cent in 2025, rising to 6.5 per cent in 2026–2027 2.4 per cent in 2025, rising to 6.5 per cent in 2026–2027 Gulf-wide GDP: Projected to reach 3.2 per cent in 2025 and 4.5 per cent in 2026 Projected to reach 3.2 per cent in 2025 and 4.5 per cent in 2026 Non-oil growth across the GCC: Driven by structural reforms, investment, and private sector activity Driven by structural reforms, investment, and private sector activity 2024 regional growth: Improved to 1.7 per cent, up from just 0.3 per cent in 2023 Despite the upbeat forecast, the World Bank cautioned that global trade tensions and potential economic slowdown remain risks for Gulf economies. To safeguard future prosperity, it urged continued focus on economic diversification, innovation, and youth job creation. Division Director for the GCC countries at the World Bank Safaa El Tayeb El-Kogali said: 'The resilience of GCC countries in navigating global uncertainties while advancing economic diversification underscores their strong commitment to long-term prosperity. 'Strategic fiscal policies, targeted investments, and a strong focus on innovation, entrepreneurship, and job creation for youth are essential to sustaining growth and stability' Also read: Qatar Launches World's Largest 3D-Printed Building Project With Two Futuristic Schools
