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Article: Real Estate Boom Stirs Investments in Bahrain, according to Abu Dhabi Investment House
- Article from:
- Al Bawaba
- Article date:
- August 7, 2006
CopyrightCopyright 2006 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Abu Dhabi Investment House (ADIH) predicts that The Lagoon Bahrain-
its extraordinary waterside commercial project at the heart of Amwaj
Islands off the coast of Muharraq in the Kingdom of Bahrain- will
help fuel the development momentum in the Kingdom following
completion of the project in 12 to 16 months.
Rashad Janahi, CEO of ADIH said: "The Kingdom's real estate sector
is booming and major development projects have stirred local,
regional and international investments. The freehold laws allowing
foreigners to get in on Bahrain's property boom, and high returns on
investments have become cornerstones of the rapidly growing real
estate sector in Bahrain".
"The US$1 billion Amwaj Islands ...