May 24, 2019

RERA, BIA to develop real estate insurance bonds


The Real Estate Regulatory Authority (Rera) has signed a partnership agreement with Bahrain Insurance Association (BIA) to develop real estate insurance bonds. Bahrain thus becomes the first GCC country to provide such bonds, which will ensure more protection to buyers of off-plan housing projects. BIA will issue the bonds under the supervision of the Central Bank […]
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