Careem is a transportation network company based in Dubai, with operations in over 100 cities in 14 countries in the Middle East, Africa, and South Asia. The company is valued at around $1.2 billion as of 2017.
First Bahrain Real Estate Development Company is an innovative regional real estate developer established in Kuwait in October 2004. The organisation holds rights to over 1,000,000 square feet of strategically located lands in the Kingdom of Bahrain.
Dedicated to achieving sustainable returns through collaborative relationships, First Bahrain creates enduring value for all stakeholders with a demand-driven investment approach. Operating out of Bahrain and Kuwait, First Bahrain is strategically positioned to execute projects across the GCC, in accordance with the principles of Sharia.
First Bahrain is well known for El Mercado Village, a beautiful community built adjacent to an upscale neighborhood market with forty-two villas and townhouses offering modern amenities with a classic touch. Adjacent to the El Mercado Janabiya project, the 150,000 square feet property will be subdivided into 42 individual plots with RHA (row houses) zoning. The Spanish architecture of the homes will be complementary to the neighbourhood retail centre. In like manner, future occupants of the homes will be demand drivers for the businesses which locate within the retail centre. The two projects will benefit from each other.
The Real Estate Regulatory Authority (RERA) is here to help real estate professionals transition to the new regulatory standards in the Kingdom. RERA will work closely with Government & Industry Stakeholders to oversee the development of a National Real Estate Policy supported by a National 5-year sector strategy and plan to bolster the real estate sector, improve consumer protection and streamline real estate services in Bahrain.