Ben Faqih debt settlement approved
The Committee for Resolved Delinquent Real Estate Projects in Bahrain announced decisions aimed at regularizing the situation of buyers across several residential projects. These include invitations for unit handovers and settlement of outstanding debts. The committee also indicated that debts owed to ten creditors, totaling approximately 375,000 Bahraini dinars, have been secured. Emphasis was placed on organizing the procedures for transferring ownership and executing legal and financial settlements of the distressed projects to ensure the rights of all parties involved.
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