Bareeq, a leading real estate developer, has announced the signing of a strategic cooperation agreement with Bahrain Commercial Facilities Company (BCFC) to provide exclusive and easy financing solutions to those wishing to own residential units within its real estate projects, at competitive prices and simplified approval procedures. The move is in line with the company's efforts to strengthen partnerships with the private sector and support residential ownership for Bahraini families.

The MoU was signed at Bareeq Sales Centre, in the presence of Mr. Yousef Mohammed Bucheeri, CEO of Bareeq, and Mr. Abdulla Abdulrazaq Bukhwa, CEO of Bahrain Facilities Company, as well as officials from both parties.

Yousef Mohamed Bucheeri said: "Through this partnership, we aim to strengthen our role in supporting sustainable development and enabling citizens to own a home that suits their aspirations, through flexible financing solutions and easy terms. This step reflects our commitment to building integrated communities and providing modern housing that is tailored to the needs of Bahraini families."

Mr. Abdulla Abdulrazaq Bukhwa said: "We are proud of this collaboration, which combines our financing expertise with Bareeq's excellence in real estate development. This partnership will provide smart financing options that accelerate the process of home ownership and support Bahrain's vision to achieve housing stability for citizens."

This partnership is a qualitative addition to the efforts to support the social housing sector in the Kingdom of Bahrain and represents an important step towards achieving sustainable development and housing well-being for citizens.