The executive manager of Bank of Bahrain and Kuwait (BBK), Farid al-Mala, revealed that the bank negotiates with Saudi banks on granting incentives for Saudi employees to encourage them to purchase real estate in Bahrain, reported the Saudi newspaper Al-Watan on September 28, 2005.
The bank decided to grant incentives to Saudi employees in the public and private sectors in order to attract the largest number of citizens and residents who are interested in purchasing real estates assets in Bahrain.
