Bahrain's cabinet aims at cutting waiting list for homes

Published October 3rd, 2006 - 08:19 GMT
Al Bawaba
Al Bawaba

New moves by Bahrain's Cabinet should significantly cut the waiting list for homes, the GDN has reported. In its recent session, chaired by Bahrain's Prime Minister Shaikh Khalifa bin Salman Al Khalifa, the cabinet approved a housing bank decision to issue real-estate mortgage bills worth BD30 million over three to 10 years.

 

A company will be established to raise the number of housing loans granted.