Diyar Al Muharraq
Press Releases
Manama, Bahrain – 30 September 2026: Diyar Al Muharraq, the leading real estate development company in the Kingdom of Bahrain, has signed a strategic Memorandum of Understanding (MoU) with the Bank of Bahrain and Kuwait (BBK) on the sidelines of the Innovation Summit in the Social Housing Sector 2026. The agreement aims to facilitate homeownership opportunities within Diyar Al Muharraq’s Al Nuzha residential project through exclusive purchasing benefits for BBK customers.
The signing ceremony was signed by Mr. Mohammed Zainalabedin, Assistant General Manager of Retail Banking at BBK, and Mr. Mohamed Ghaleb Al Mahmood, Head of Sales at Diyar Al Muharraq, in the presence of Eng. Ahmed Ali Al Ammadi, Chief Executive Officer of Diyar Al Muharraq, and representatives from both organizations. Under the agreement, BBK will provide financing packages for customers looking to purchase residential plots at Al Nuzha, enabling them to make use of Diyar Al Muharraq’s exclusive offers on the project.
Al Nuzha comprises residential plots available in plot sizes ranging from approximately 240 to 371 square meters, with prices starting from BD 77,662, offering prospective customers a variety of options that suit their various residential needs.
Strategically located within the Northern Islands, Al Nuzha provides convenient access to some of Diyar Al Muharraq’s key retail and lifestyle destinations, including Marassi Galleria, Souq Al Baraha and Dragon City Bahrain. The development is also situated within close proximity to educational institutions, healthcare services, and recreational facilities, with the Bahrain International Airport just a 10-minute drive away.