During the year 2006, KFH acquired a 50% equity stake in Diyar Al Muharraq Company, a company incorporated to undertake the development of Diyar Project.
Diyar Al Muharraq will consist of a mix of residential, commercial and retail components for the medium to high networth market. The Project lies just off the coast of Muharraq, the northern island and the historical city centre of the Kingdom of Bahrain, is in close proximity to the international airport. It is playing a significant role in the expansion of the country with a number of reclamation projects for new residential communities including Amwaj Islands, the expansion of West Hidd/Arad and West Busaiteen. Diyar Al Muharraq shall comprise a total area of 2.2 million square meters. Once completed, the Project will be a self contained city combining modern amenities with traditional design.
For more information visit www.diyar.bh