The volume of real estate transactions in Bahrain increased by 46 per cent last year as compared to 2011, with a total value of BD663.9 million ($1.74 billion), a report said.
Figures revealed by the public relations and media section a
Bahrain is expected to be the first Gulf country to allow GCC nationals to complete all official procedures using only their identity smart card, said a senior government official.
Other GCC countries are expected to follow suit,
Sharjah has restricted foreign ownership of land and properties only to the UAE and Gulf nationals and companies fully owned by them under a new decree, said a report.
As per the decree issued by Dr Shaikh Sultan Bin Mohammad Al