Publication

Bahrain Property Market Q4 - 2020

Bahrain Property Report - Market in Mintues  

 

Key highlights:

 

  • The new Bahrain International Airport opened in January 2021.
  • The International Monetary Fund (IMF) have forecasted the GDP growth rate at 2.3% y-o-y subject to the post-pandemic global economic recovery.
  • The Economic Development Board announced foreign direct investment into Bahrain reached BD330 million during 2020.
  • RERA and the SLRB reported a decline of 11% in the volume of real estate transactions for 2020.
  • A Memorandum of Understanding (MoU) was signed in January 2021 by the Industry, Commerce and Tourism Ministry to establish an American Trade Zone.
  • Non-oil trade carried out with Saudi, increased by 43% y-o-y in Q3 2020.

 

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