BIBF, RERA successfully conclude 2nd edition of the National Real Estate Forum & Expo | Kanebridge News
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BIBF, RERA successfully conclude 2nd edition of the National Real Estate Forum & Expo

Attended by 400 participants and Powered by Diyar Al Muharraq

By Press Release
Tue, Feb 27, 2024 2:22pmGrey Clock 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.


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Tonino Lamborghini Unveils New Luxury Residences in Ras Al Khaimah

Tonino Lamborghini recently revealed a new luxury project comprising 241 units in Ras Al Khaimah, developed in partnership with Arista Developments.

Tue, May 21, 2024 2 min

Named the Tonino Lamborghini Residences, this project promises a fresh take on luxury living with its iconic design, cutting-edge amenities, and stunning sea views.

Set on Al Marjan Island, the development is adding 241 high-end units to the area’s real estate offerings, all reflecting the sleek, Italian elegance associated with the Lamborghini name.

These residences are designed to impress, featuring modern architecture that harmonizes with the scenic surroundings and interiors marked by meticulous craftsmanship and top-quality finishes.

Living in this one of the project’s units means access to a range of upscale amenities: a state-of-the-art fitness center, multiple swimming pools, beautifully landscaped gardens, and dedicated areas for children’s play. The complex also offers a business center with a conference room, an outdoor BBQ area, and a chic café, catering to all aspects of high-end living.

Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, expressed excitement about the introduction of Tonino Lamborghini Residences to Al Marjan Island, noting the project’s blend of sustainable construction and smart home technologies. This integration, he mentioned, guarantees a luxurious lifestyle equipped with the finest modern amenities, reflecting the exquisite Italian craftsmanship. He is confident that this new venture with Arista Developments will significantly boost the allure of Al Marjan Island as a top lifestyle destination in Ras Al Khaimah for both investors and residents.

Tonino Lamborghini, President of the Tonino Lamborghini brand, said: “We are delighted to be among the pioneers in this remarkable new destination in one of the seven emirates of the UAE. Our heartfelt gratitude and recognition go to H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, for his visionary leadership and foresight, and for embracing innovative strategies to revitalize a region full of potential.”

Mr. Arthur Chu, Chairman of Arista Developments, highlighted the project’s ambition to capture the essence of the Tonino Lamborghini brand in every aspect of its design. He described the development of a prestigious residential tower on Al Marjan Island that will reflect the lifestyle and beauty synonymous with Lamborghini. From the sharp, well-defined lines of the exterior to the elegantly designed interior common areas, every detail is crafted to showcase the brand’s distinctive elegance and sophistication. Chu emphasized that the interior designs, personally crafted by Tonino Lamborghini, aim to fully immerse residents in the Italian brand’s luxurious identity.

The variety in housing options is vast, ranging from one and two-bedroom apartments to duplexes, sea view villas, signature villas, and exclusive penthouses.

The collaboration between Tonino Lamborghini and Arista Developments blends iconic Italian style with expert real estate craftsmanship. This venture marks Lamborghini’s first introduction to Ras Al Khaimah and represents a commitment to setting new standards in luxury and modern living.



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

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