Bahrain

The Minister of Municipalities has agreed to find funding for the renovation of houses in the Southern Municipality.

A property consultancy on Monday stressed the need for greater public private partnerships in Bahrain to develop affordable housing.

Bahrain's residential developers are facing significant levels of payment defaults as purchasers either cannot or refuse to make payments due to stalled construction, said a recent report.

With the Chinese economy expanding rapidly, Beijing is increasingly looking toward the Gulf Cooperation Council (GCC) states to meet its rising energy needs

All is set for Bahrain to raise $1 billion from the international market.