Diyar Al Muharraq (Diyar), one of the biggest mixed-use residential urban private developments in Bahrain, has signed up as the sole prime sponsor for a major upcoming real estate event.

Organised by the Bahrain Society of Engineers (BSE) the sixth edition of the Bahrain International Property Exhibition (Bipex) will be held from October 14 to 16 at Bahrain International Exhibition Centre.

“As responsible developers of one of the biggest mixed-use residential urban developments ever undertaken by the private sector in Bahrain, it is a matter of pride for us to be associated with Bipex 2009, Bahrain’s premier real estate event,” said Aref Ahmed Hejres, chief executive officer, Diyar.

“This remarkable annual event has been successfully chartering the growth of the real estate sector in the GCC region over the years since its inception, bringing together all stakeholders under one roof to discuss potential real estate solutions in the current scenario and providing a window into the future.

“We are delighted to be prime sponsors of the show and feel an event of this scale provides the ideal platform to highlight our products and familiarise visitors with our real estate investment philosophy.”

The Diyar Al Muharraq project is a unique $3.2 billion (BD 1.2 billion) master planned city in Bahrain offering a range of quality housing and lifestyle options for all strata of society.

Situated on the northern shores of Muharraq, its attractions include over 40 km of waterfront and sandy beaches - the most extensive publicly accessible waterfront in Bahrain.

Jameel Al Alawi, director of conferences at BSE, said, “Any discussion about the realty sector in Bahrain would remain incomplete without a reference to Diyar Al Muharraq, the mega mixed-use development that will eventually house over 100,000 people in around 30,000 dwellings catering to all sections of society.”

“Our philosophy at BSE is to make Bipex a widely accessible and all-inclusive event that holds up a mirror to the real estate industry, permitting it to reflect, analyse, make course corrections and plan for a healthy and robust future,” he added.

“It is a pleasure to have Diyar Al Muharraq as sole Prime Sponsor for Bipex 2009 and we are confident the sixth edition of this prestigious property show will assist them in effectively meeting their broader objectives.” – TradeArabia News Service