The pioneer in the real estate development company announced the signing of a strategic cooperation agreement with the Bahrain Commercial Facilities Company (BCFC), to provide exclusive and easy financing solutions for those wishing to own housing units within its real estate projects, at competitive prices and simplified approval procedures. This step comes in line with the company’s efforts to enhance partnerships with the private sector, and to support residential ownership of Bahraini families.
The Memorandum of Understanding was signed in the Bittle Company, in the presence of Mr. Youssef Mohamed Bojiri, CEO of Baraq Company and Mr. Abdullah Abdul Razzaq Boukhwa, CEO of Bahrain Facilities Company, along with officials for both parties.
On this occasion, Mr. Youssef Mohamed Boujeri, CEO of Baraq Company, stated: “Through this partnership, we seek to enhance our role in supporting sustainable development and enabling citizens to possess a house that suits their aspirations, through flexible financing solutions and facilitated conditions. This step reflects our commitment to building integrated societies and providing modern housing that is compatible with the needs of Bahraini families.”
For his part, Mr. Abdullah Abdul Razzaq Boukhwah, CEO of Bahrain Commercial Facilities Company, stressed: “We are proud of this cooperation, which combines our financing experience and the distinction of ‘luster’ in real estate development. This partnership will provide smart financing options that accelerate the housing ownership process and support Bahrain’s vision in achieving residential stability of citizens.”
This partnership is a qualitative addition to the efforts of supporting the social housing sector in the Kingdom of Bahrain, and it represents an important step towards achieving sustainable development and residential well -being of citizens.
To learn more information and details about luster projects, please visit the website www.bareeq.com.bh or visit the sales center located in the Gulf of Bahrain.
