Diyar Al Muharraq, the largest real estate development company in Bahrain, has announced that Al Kobaisi Group has invested in residential plots within its integrated community development off Muharraq for the development of luxurious villas.
The investment will contribute to the diversity of housing solutions available in Diyar Al Muharraq, said the top Bahraini developer.
The agreement comes as part of the developers commitment to fostering mutually beneficial relationships with key players in the kingdoms sector through provision of lucrative investment opportunities, ultimately impacting the growth of Bahrains national economy.
The venture was commemorated by a signing ceremony in the presence of Diyar Al Muharraq Chief Executive Officer, Eng. Ahmed Ali Alammadi, and Managing Director of the Al Kobaisi Group, Abdulla Essa Al Kobaisi.
Abdulla Essa Al Kobaisi, Managing Director of Al Kobaisi Group, said: "We are very pleased to invest in residential plots in Diyar Al Muharraq, with the aim of developing luxurious residential villas."
"Building on our commitment to leading the real estate sector, taking it to new heights, we continue to focus our efforts on the provision of real estate solutions catering to a diverse audience. It is alongside Diyar Al Muharraq in this shared vision, that we may offer the best housing solutions to the public," he noted.
Diyar Al Muharraq is one of the largest integrated cities in the kingdom, offering a variety of housing solutions and a luxurious modern lifestyle while persevering the core family values in Bahraini society.
It offers a unique, balanced mix of residential, commercial, recreational, and healthcare facilities, creating a fully integrated and futuristic model city.
Diyar Al Muharraq CEO Engineer Ahmed Ali Alammadi said: "We place great importance on strengthening ties with our real estate industry peers in the kingdom and abroad by offering lucrative investment opportunities in Diyar Al Muharraq. This comes in line with our commitment to developing the sector in a sustainable manner."
"We are very proud to have secured this investment by Al Kobaisi Group, through which we look forward to offering housing solutions developed at the highest quality and standards to the public. This initiative compliments our ongoing mission to develop Diyar Al Muharraq city projects and facilities, emerging a fully integrated city, and leading destination in the kingdom," he added.-TradeArabia News Service
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