As part of strengthening partnerships with the banking sector to develop the social housing system, the Ministry of Housing and Urban Planning and the Housing Bank signed a platinum sponsorship agreement with Khaleeji Bank for the second edition of the Innovation in Social Housing Conference and Exhibition, which is held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, may God protect him.

Her Excellency Ms. Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning and Chairperson of the Board of Directors of the Housing Bank, affirmed that the banking sector is a key partner in developing housing solutions and expanding the range of financing options available to citizens, noting that the conference constitutes a platform that brings together various parties to work on creating more flexible and efficient models to serve beneficiaries.

She added that expanding the partnership with the private sector is an extension of the government’s approach to involving financial and real estate institutions in developing housing programs and services, which contributes to accelerating citizens’ access to suitable housing.

For his part, Mr. Razi Al-Murbati, CEO and Board Member of Khaleeji Bank, affirmed that supporting the conference is in line with the bank’s direction to contribute to national initiatives that have a direct impact on society, pointing to the importance of developing financing solutions that respond to changes in citizens’ needs and support the sustainability of the housing sector.

He pointed out that bringing together government agencies, financial institutions and developers under one umbrella opens the door to developing new ideas and partnerships that can be turned into practical solutions that serve the future of social housing.

The conference will showcase the latest experiences and practices related to financing and developing social housing, building technologies, digital transformation, and public-private partnerships, along with an accompanying exhibition featuring financial institutions, developers, and relevant stakeholders.