Al Saif Real Estate Reports 6-Month Profit
Al Qafa Real Estate Company of Bahrain announced its financial results for the six months ending June 30, 2026. The company recorded a net profit of 1.9 million Bahraini dinars, representing a decline of approximately 29.7% compared to the same period in 2025. This decrease is attributed to market challenges and regional developments that affected the entertainment and hospitality sectors. Despite these difficulties, the company continues to execute strategic development projects, particularly in the Sitra Block – Sitra Mall. These efforts aim to enhance the mall’s position and increase its attractiveness to tourists and visitors, while focusing on diversifying income sources and achieving long-term growth. Although facing market challenges, the company remains committed to the implementation phases of its projects and investing in asset development to ensure ongoing support for the local economy and to improve the customer experience.
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