Latest news with #AmnabintAhmedAlRumaihi
Daily Tribune
a day ago
- Business
- Daily Tribune
Land Development Projects on Track
Land development initiatives under the Government Land Rights Development Programme—executed in partnership with the private sector—are progressing steadily, with notable acceleration in completion rates. This was highlighted by Her Excellency Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, who affirmed the government's commitment to expanding the Kingdom's housing supply. 'This programme is one of the main pathways to increase the Kingdom's property stock to meet the growing demand for housing finance, achieving the goals of the Government Programme 2023–2026,' — H.E. Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning Project Updates The Ministry continues to monitor and support these developments as part of its strategic plan to meet Bahrain's growing housing demands through innovative public-private partnerships.
Daily Tribune
11-07-2025
- Business
- Daily Tribune
Construction of 531 Sitra housing units nears completion
The construction work on the Sitra Housing Project is progressing according to schedule, with the second phase, comprising 531 housing units, now 90% complete. Infrastructure work in the same phase has reached 80%, reflecting strong alignment with the project's timeline. This was emphasised by Her Excellency Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning. Final phase The third phase of the project, which includes 1,269 housing units, the largest and final phase of the development, has surpassed 10% completion, with further progress expected in the coming period. The first phase, which comprised 1,077 units, along with the residential plots, has already been delivered to beneficiaries.
Daily Tribune
03-07-2025
- Business
- Daily Tribune
2,584 families benefit from housing finance programmes
A total of 2,584 housing finance applications, across the Tas'heel, Tas'heel+, Mazaya, and Mazaya (New Category) programmes, have been approved in the first half of 2025. This was announced by the Minister of Housing and Urban Planning, Her Excellency Amna bint Ahmed Al Rumaihi. She noted that since the programme's launch in 2022, a total of 10,163 applications have been accepted, with 82% of beneficiaries transferred from the traditional service waiting lists to immediate financing services. Al Rumaihi emphasised that the Tas'heel Aqari option remains the most in-demand, accounting for over 5,000 applications, followed by Mazaya, the Mazaya (New Category), Tas'heel Al Bait Al Oud, and Tas'heel Ta'awon.
Bahrain News Gazette
24-04-2025
- Business
- Bahrain News Gazette
Housing Minister Meets CMEC Chairman to Discuss Development Projects
Manama: Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, met with Wang Bo, Chairman of China Machinery Engineering Corporation (CMEC), on the sidelines of the Innovation Summit in the Social Housing Sector. The meeting aimed to further develop cooperation following the recent memorandum of understanding to develop over 3,000 housing units in Khalifa City under the Government Land Development Rights Programme. The minister emphasized the programme's importance in enhancing public-private partnerships to improve housing services for citizens. According to Bahrain News Agency, discussions also highlighted the progress of ongoing partnership projects, particularly focusing on CMEC's involvement in executing phases of the Sitra housing development. Additionally, the meeting reviewed the outcomes of the minister's recent visit to the People's Republic of China, which aimed at bolstering bilateral cooperation in housing initiatives. Wang Bo praised the Innovation Summit for its role in creating new partnership opportunities with the government and supporting Bahrain's housing initiatives. This collaboration is expected to significantly contribute to the country's housing development goals.
Biz Bahrain
24-04-2025
- Business
- Biz Bahrain
Housing Minister announces new housing programmes during Innovation Summit
Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, announced four new housing programmes aimed at accelerating project implementation and expanding affordable housing options in partnership with the private sector. The announcement was made during the opening of the Innovation Summit in the Social Housing Sector, held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, from April 23-25. The new programmes support the royal directive to provide 50,000 housing units. The minister introduced the Tamooh (Ambitions) programme, which offers eligible beneficiaries of the 'Tas'heel' and 'Tas'heel +' financing schemes an additional BHD 20,000 ten years after receiving their main housing loan, allowing for future housing upgrades. She also launched the 'Off plan Sales' programme, which allows developers to begin selling housing units before construction is completed, enabling citizens to reserve units early and secure financing in advance. This model is being applied to the 'Hai Al Naseem' project in Salman City and the 'Al Wadi' project in Buhair, both now open for reservations. The 'Private Land Development Rights' programme was also announced, enabling private developers to build housing projects on their own land for citizens benefiting from housing finance, with government support provided for project facilitation and marketing. In addition, the ministry unveiled the second version of the 'Bayti' platform, now featuring online reservation and contract signing, integrated with the upgraded eKey system and a digital financing calculator. The minister confirmed a memorandum of understanding with local and international companies, including Naseej, CMEC, Ritaj, Almoayyed, and WCT Berhad, to construct nearly 3,000 units in Khalifa City, marking the largest development under the government land programme to date. She also announced the start of applications for the new 'Tas'heel +' financing option, which provides up to BHD 91,000 for eligible citizens, with flexible repayment terms tailored to income levels. For more information on the new programmes and available housing options, citizens can visit the ministry's pavilion at the exhibition, which runs until April 25. BNA(R)
