Manama, Nov. 26 (BNA): In accordance with Edict (71) of 2025 amending Edict (40) of 2021, Abdulla bin Adel Fakhro, Minister of Industry and Commerce, declared that foreign investors may now operate in a number of sectors, including power generation, public and private port management, and consulting in data monitoring and protection.
Industry Ministry allows global firms to market, sell property in areas open to foreign ownership
In keeping with continuous efforts to enhance the business environment, he continued, foreign businesses will be permitted to market and sell real estate within regions accessible to foreign ownership in conjunction with Cityscape Bahrain 2025. This will help the expansion of the real estate industry and increase investment flows.
According to Minister Fakhro, qualified foreign businesses are permitted to operate under explicit regulations that safeguard all parties involved and restrict marketing to certain regions with foreign ownership.
In light of the growing demand for projects in freehold areas like Bahrain Bay, Bahrain Harbour, Amwaj Islands, Diyar Al Muharraq, Durrat Al Bahrain, Marassi Al Seef, and other approved zones, he pointed out that this move broadens investor options and is consistent with the growth of the Kingdom of Bahrain’s real estate market.
Minister Fakhro emphasized that the decree is a significant step toward economic diversification and competitiveness, drawing in high-value investment and internationally significant businesses, assisting in the creation of good employment opportunities for citizens, and guaranteeing strict regulatory oversight and consumer protection.
He emphasized that permitting foreign businesses to operate in the real estate industry advances Bahrain’s Economic Vision 2030 objectives and demonstrates the government’s dedication to strengthening the Kingdom’s standing as a top real estate and investment destination with transparent regulation and oversight to safeguard all stakeholders.
