Saturday 26 September 2020

KHCB signs up as Gulf Property Show sponsor

MANAMA, March 21, 2017

Khaleeji Commercial Bank (KHCB), a leading Islamic bank in Bahrain, has signed-up as Silver Sponsor for the  Gulf Property Show which opens in Bahrain next month.

A boutique showcase for the real estate and property development sectors, Gulf Property Show, will be held under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, Prime Minister of Bahrain, from April 25 to 27 at the Bahrain International Exhibition and Convention Centre.

The KHCB move comes as part of its commitment to supporting urban development in Bahrain and providing financial solutions to citizens seeking to buy their lifetime dream house.

Through its stand at the exhibition, the bank will offer a range of unique and Shari’a-compliant financing solutions where visitors will be able to choose from a wide variety of financing options to purchase properties in participating projects as well as real estate opportunities with local developers contracted with the bank.

Commenting on its sponsorship, KHCB chief executive Khalil Ismail Al Meer said: "The Gulf Property Show is considered among the leading real estate exhibitions hosted in Bahrain. And for us as a key player in the sector of financing, development and housing projects, it is only right that we support this event by becoming a Silver Sponsor."

"Our commitment to providing financial solutions to citizens seeking to buy their lifetime dream house is well known in the Kingdom and we are committed to continue so as part of our social responsibility," stated Al Meer.

"The bank has built strategic relationships with a group of local developers in order to achieve positive contributions to the development of the real estate sector in the Kingdom by providing financing solutions for the purchase of residential units in accordance with Islamic Shari’a principles through creative methods. A move that was well received by our clients," added Al Meer.

Jubran Abdulrahman, the managing director of Hilal Conferences and Exhibitions (HCE), the show’s organisers, said KHCB is building a reputation in the kingdom as a pioneering and forward-thinking financial institution.

"It is the first financial institution to join Gulf Property Show as a sponsor which reflects well on the unique role that the show plays in promoting the GCC and international real estate and property sectors," he remarked.

"We, as organisers of the Gulf Property Show, are dedicated to making sure our visitors are able to benefit from attending the show - whether it be as large or small investors - and KHCB's home financing solution will definitely help in accomplishing this aim," he added.

Gulf Property Show 2017 carries with it the strategic sponsorship from Diyar Al Muharraq and Manara Developments. Its Gold Sponsors are Bahrain Marina Development Company and First Bahrain Real Estate, while its Silver Sponsors are Khaleeji Commercial Bank and Fontana Real Estate.

Supporting Organizations include the kingdom’s regulatory real estate authority survey, Land Bureau and the Bahrain Property Developer’s Association.-TradeArabia News Service

Tags: Sponsorship | KHCB | Gulf Property Show |

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