Bahrain's government has allocated BD19 million ($49.3 million) in housing loans to citizens on the waiting list.

The package, which marks National day and His Majesty’s 14th Accession Day, will benefit 628 eligible applicants, Housing Minister Bassem Al Hamer said in a report in the Gulf Daily News (GDN), our sister publication.

A total of 316 recipients will receive loans to revamp their houses, while 243 will get loans to purchase them. The remaining 69 have met all the terms to receive construction loans. - TradeArabia News Service