BIBF, RERA successfully conclude 2nd edition of the National Real Estate Forum & Expo
Attended by 400 participants and Powered by Diyar Al Muharraq
3 min
The Bahrain Institute of Banking and Finance (BIBF), in collaboration with the Real Estate Regulatory Authority (RERA) and powered by Diyar Al Muharraq, successfully concluded the second edition of the National Real Estate Forum on Monday, 26 February 2024 at the BIBF Auditorium.
Under the theme “Innovating Real Estate Beyond Boundaries”, the hybrid forum was attended by 400 government officials, real estate executives, and investors, to explore the dynamic landscape of Bahrain’s real estate sector around three main tracks: The Future of Real Estate, a Sustainable Tomorrow, and PropTech in Action.
The first track featured a keynote presentation on “PropTech & Sustainability” by Dr. Mahmoud Alburai, Senior Policy Advisory from the Dubai Land Department. This was followed by an enlightening opening panel discussion titled “Building Bahrain’s Innovative Real Estate Future,” moderated by Mr. Mohammed Al Ammari, Chief of Strategic Planning & Projects Management and Acting Chief of Legal Section at RERA. The panelists included H.E. Shaikh Mohammed bin Khalifa Al Khalifa, CEO of RERA; H.E. Eng. Ahmed Abdulaziz Al-Khayat, CEO of the Urban Planning and Development Authority; Mr. Abdulhakeem Al Khayyat Chairman of Diyar Al Muharraq and Chairman of Durrat Al Bahrain; and Dr. Maher Al Shaer Managing Director of Eagle Hills Diyar and Managing Director of Bareeq Al Retaj. The first track continued with a session on “National Innovation: Design Thinking Meets PropTech,” presented by Dr. Khalid Abdulla, General Manager of Eskan Bank, offering valuable insights at the intersection of design thinking and PropTech.
The forum continued with the second track, which commenced with a keynote presentation on “PropTech & The Future of Real Estate” by Ms. Lynnette Sacchetto, a PropTech Strategist. This was followed by an engaging panel discussion titled “The Green Revolution: PropTech’s Contribution to Sustainability,” moderated by Mr. Ali Murtaza, Real Estate Director from KSA. The panelists included Mr. Amin Al Arrayed, CEO of Naseej BSC (c); Dr. Ahlam Zainal, CEO of Al Areen Holding Company; and Dr. Sh. Fay Al Khalifa, President of Bahrain Smart City Society. This session provided valuable insights into how PropTech can contribute to sustainability in the real estate sector, fostering a discussion on innovative approaches and green initiatives.
Concluding the forum, the third track showcased real solutions in the Solutions Showcase session titled “Bringing Real Solutions to Light,” moderated by Mr. Yousif Faraj, Digital Transformation Expert Trainer at BIBF. The session featured presentations from various speakers, including Mr. Ahmed Alkooheji, Databank Team Member from RERA, presenting ‘Aqari’; Mr. Humood Jassim Abdulla Alhumood, Director of Information Technology Directorate from the Ministry of Finance & National Economy, presenting the Government Land Investment Platform; Mr. Khalid Al Khaja, Senior Manager Sales & Marketing from Eskan Bank, presenting ‘Bayti’; Mr. Abdulla Tareq Alhasan, Vice President of Sales from Estater, presenting ‘Estater’; Mr. Narayanan Ganapathy, Co-founder and Board Member of Bambucorn, presenting ‘Bambucorn’, and Mr. Khaled Al-Saeh, Country Manager (Bahrain, KSA, and Qatar) at Property Finder, presenting ‘Property Finder’.
The forum concluded with closing remarks delivered by Eng. Ahmed Al Ammadi, CEO of Diyar Al Muharraq, reflecting on the insightful discussions and innovative solutions presented throughout the event.
The event also featured an accompanying exhibition showcasing the latest techniques, solutions, and technologies in the real estate field, with participation from various organisations including RERA, Diyar Al Muharraq, Urban Planning and Development Authority, Eskan Bank, Ministry of Finance and National Economy, Bareeq Company, and Naseej Company.
The successful launch of the 2nd edition of the Bahrain National Real Estate Forum highlights the commitment of RERA, BIBF, and Diyar Al Muharraq to empowering real estate professionals amid an evolving landscape. As a cornerstone initiative of the National Real Estate Plan 2021-2024, the forum accelerates Bahrain’s real estate sector toward innovation and sustainability, serving as a catalyst for progress and excellence.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
This collaboration will extend into the fourth phase of Azizi’s Riviera project in MBR City, with Cummins supplying top-tier power generators.
2 min
Azizi Developments, a prominent private developer in the UAE, and Cummins Inc., a global leader in power solutions design, manufacturing, distribution, and supply, are extending their partnership into the fourth phase of the large-scale Riviera project. Cummins, known for its diverse range of products including diesel, natural gas, electric, and hybrid powertrains, as well as powertrain-related components, like filtration, after-treatment, turbochargers, fuel systems, control systems, air handling systems, automated transmissions, electric power generation systems, batteries, hydrogen generation, and fuel cell products. The manufacturer is globally renowned for its excellence in both innovation and sustainability.
Mr. Farhad Azizi, CEO of Azizi Developments, said: “As we continue our collaboration with Cummins Inc. for the fourth phase of our flagship project, Riviera, we reaffirm our commitment to procuring and utilizing only the highest quality materials. This partnership highlights our dedication to providing exceptional lifestyles for our investors and end-users through the careful selection of premium components. We are confident that our now-broadened alliance with Cummins Inc. will help in maintaining the high standards established for Riviera and further elevate the benchmarks of quality and excellence.”
Riviera is part of Azizi Developments’ award-winning portfolio. It is a stylish waterfront lifestyle destination that comprises 75 mid- and high-rise buildings with approximately 16,000 residences.
Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art, but also about a certain ‘joie de vivre’ — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk on the shores of its 2.7 km-long swimmable crystal lagoon with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space.
With its strategic location near the upcoming Meydan One Mall and the Meydan Racecourse — home of the Dubai World Cup — as well as Dubai’s most noteworthy points of interest, Riviera represents one of Azizi Developments’ most coveted projects.
Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
