RERA Chief Receives Golden Licence Recipient

by BTM

Tue, 08 August 2023

RERA Chief Receives Golden Licence Recipient

Chief Executive Officer of the Real Estate Regulatory Authority (RERA), Shaikh Mohammed bin Khalifa bin Abdulla Al Khalifa, has affirmed that granting the golden licence to mega projects is among the most important incentives to develop the real estate sector.

The golden licence provides a wide range of privileges and benefits to investors, including streamlined access to government services. 

These statements were made on receiving the Managing Director of Eagle Hills Diyar and RERA Board of Directors member, Dr. Maher Al-Shaer, along with Eagle Hills Diyar Director-General, Haitham Yousif, following the government’s decision to grant the golden licence to the company.

Dr. Al-Shaer praised the existing relations with government entities which seek to implement strategies that encourage local and external investments. 

“Initiatives such as this contributes to consolidating economic fundamentals, and creating a flexible environment that allows private sector companies to take full advantage of the privileges, which will reflect positively on economic growth,” he concludes.