The Ministry of Housing and Urban Planning and the Housing Bank signed a platinum sponsorship agreement with the Bank of Bahrain and Kuwait for the second edition of the Innovation in Social Housing Conference and Exhibition, as part of a series of partnerships aimed at supporting innovation and sustainability in the housing sector.

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 current stage requires a shift from traditional solutions to more sustainable and integrated housing models that combine housing quality, financing efficiency, and optimal use of resources.

She explained that the conference represents an opportunity to exchange experiences on the latest global models and practices, and to explore solutions that can be applied in a way that suits the needs of Bahraini society and urban development priorities.

For his part, Mr. Yasser Al-Sharifi, CEO of the Bank of Bahrain and Kuwait Group, affirmed that the bank’s participation in the conference comes within the bank’s commitment to supporting national and community initiatives, expressing his pride in contributing to the discussions aimed at shaping a more sustainable and inclusive future for the social housing sector.

He pointed out that achieving sustainability in the sector requires broad cooperation between government agencies, financial institutions and developers, in addition to investing in new solutions and viable ideas.

The conference will host specialized sessions addressing sustainability, development partnerships, financing, and modern technologies, while the accompanying exhibition provides an opportunity to learn about real estate projects and financing solutions available in the market.