• Bahrain Q4 2023 imports increase to US$3.92bn

    MANAMA, BAHRAIN - The Information eGovernment Authority (iGA) has published its foreign trade report of Bahrain for Q4 2023, covering trade balance, imports, exports of products with national origin, and re-exports. The value of imports has increased by 5 percent, reaching US$3.92 billion (BD1.476 billion) during Q4 2023 in comparison...
  • Morocco joins UAE, Jordan, Egypt, Bahrain in regional industrial collaboration

    Manama, Bahrain – Morocco became the fifth country to join the UAE, Jordan, Egypt and Bahrain at the fourth meeting of the Higher Committee of the Industrial Partnership for Sustainable Economic Development which began on Thursday here. The Executive Committee of the now five country partnership held meetings with officials,...
  • Mumtalakat, Investcorp ink pact

    The firms have jointly launched a climate investment platform.
  • Infracorp logs $29.8m profit

    The company specializes in social infrastructure.
  • War in Gaza represents serious setback for efforts to reduce tension: Gargash

    Manama, Bahrain-- The ongoing war in Gaza represents a serious setback for the efforts to reduce tension in the region as a whole, said Dr. Anwar Gargash, diplomatic adviser to the UAE President. Speaking at the 19th Manama Dialogue, he warned: “Prolonging the war would only amplify its associated risks,...
  • Manama Dialogue helps in addressing political, security challenges, says GCC

    MANAMA, BAHRAIN – Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi has said that the hosting of the 19th Manama Dialogue here reinforces the country's leading role in analyzing key political, defense and security issues in the Middle East and beyond. The conference brings together global senior...
  • Anti-west boycott waves sweep across Middle East in Gaza solidarity

    Manama, Bahrain - In a convenience store in Bahrain, 14-year-old Jana Abdullah carries a tablet as she shops, checking a list of Western brands to avoid as Israel pounds Gaza in its campaign to destroy Hamas. Jana and her 10-year-old brother, Ali, used to eat at McDonald's nearly daily but they...
  • Bahrain’s SCE signs agreement with Foulath Holding Company

    Manama, Bahrain--The Supreme Council for the Environment (SCE) signed a cooperation agreement with Foulath Holding Company to boost sustainable development goals in Bahrain. The agreement aimed at planting and preserving mangrove trees in line with the sustainable development goals (SDGs). Amna Hamad Al Rumaihi, Acting Director of the Communication and...
  • Bahrain’s Treasury Bills oversubscribed by 270 percent

    MANAMA, BAHRAIN – This week’s US$186 million (BD 70 million) issue of Government Treasury Bills has been oversubscribed by 270 percent. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of Bahrain. The issue date of the bills is October 4,...
  • Fourth soldier dead due to Houthi attack, says Bahrain

    Manama, Bahrain - A fourth Bahraini soldier has died after an attack this week on his country's contingent in the Saudi-led coalition battling Yemen's Houthi rebels, the Gulf archipelago's army said. Bahrain had previously announced the deaths of three of its soldiers in Monday's attack near the Saudi border with Yemen....
  • Central Bank of Bahrain treasury bills oversubscribed by 149 percent

    MANAMA, BAHRAIN - This week’s BD 70 million (US$186 issue of Government Treasury Bills has been oversubscribed by 149 percent. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.  The issue date...
  • IsDBI, BIBF join hands to enhance global Islamic finance expertise

    MANAMA, BAHRAIN - The Bahrain Institute of Banking and Finance (BIBF) and the Islamic Development Bank Institute (IsDBI) have decided to jointly provide training programs aimed at strengthening the global Islamic finance community.The programs cater to professionals from financial institutions, regulatory bodies, supervisory authorities and legal experts within the Islamic...
  • Israel and Bahrain agree to increase trade volume, boost tourism

    "The foreign minister and I agreed that we should work together to increase the number of direct flights, the tourism, the trade volume, the investment," Eli Cohen said during a ceremony to inaugurate Israel's new embassy. The embassy in the capital Manama will replace the first embassy Israel opened in...
  • Bahrain to build walls against rising sea

    But by 2050, sea levels could rise by at least 0.5 metre, according to the minister, citing the United Nations' Intergovernmental Panel on Climate Change. Some experts view the estimate as conservative. Rising seas aggravate flooding, threaten coastlines and could pollute Bahrain's already scarce groundwater reserves with salty seawater.
  • Bahrain supports AI tendering platform, Procural, to create jobs

    Manama, Bahrain - Tamkeen, a semi-autonomous government agency, tasked with developing Bahrain's private sector has decided to support the Bahrain-based business-to-business (B2B) tendering platform, Procural, as part of its effort to create new jobs for Bahrainis. The support will enable Procural to enhance its ability to use cloud-based technology and...
  • Bahrain Central Bank’s Sukuk Al Salam oversubscribed 319%

    Manama, Bahrain - The Central Bank of Bahrain (CBB) has said its monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 319 percent. Subscriptions worth BD 137.151 million ($364m) were received for the BD 43 million ($114m) issue, which carries a maturity of 91 days. The expected...
  • Blazing heat spurs record energy consumption in Bahrain

    Life in Bahrain largely moves indoors during the summer months, with the ever-present Arctic blast of air-conditioning systems.
  • Business reality TV series ‘Beban’ forays into Saudi Arabia

    Manama, Bahrain: Entrepreneurship-themed reality television show ‘Beban’ announces the expansion of its third season to Saudi Arabia, as Hope Ventures, the investment arm of Hope Fund and producer of Beban, partners with Saudi-based GFH Capital. Saudi-based businesses can apply for season 3 online through hopefund.bh/beban by July 23. The expansion...
  • Central Bank of Bahrain Sukuk Al-Ijara oversubscribed

    Manama, Bahrain - The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 329 percent. Subscriptions worth BD 85.648 million ($227.46 million) were received for the BD 26 million ($68.92 million) issue. The Sukuk Al-Ijara has...
  • Investcorp buys stake in SEC Newgate

    Investcorp buys majority stake in SEC Newgate for $100m.
  • Central Bank of Bahrain treasury bills oversubscribed by 109%

    Manama, Bahrain - This week’s BD 70 million issue of Treasury Bills of Government of Bahrain have been oversubscribed by 109 percent.  The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.  The issue date of...
  • Investcorp acquires Jianuo

    Jianuo is a leading provider of specialty premium components.
  • Bahrain free of India-made ‘contaminated’ cough syrup

    Manama, Bahrain - Bahrain has taken steps to ban from its markets the contaminated cough syrups made in India in response to recent reports of the death of many children who consumed them in some countries.   The National Health Regulatory Authority (NHRA) on Sunday confirmed that the Kingdom's markets are...
  • Bahrain’s real GDP grows by 4.09% in Q4 2022

    Manama, Bahrain - Bahrain has reported a 4.09 percent increase in its real GDP in the fourth quarter of 2022 YoY, driven by a growth of 4.91 percent in the non-oil sector, as a result of its economic diversification initiatives. The high-achieving sectors include the financial corporations sector which grew...
  • Bahrain’s investment push: Businesses with large-scale projects to get Golden Licence

    Manama, Bahrain - Bahrain has announced the launch of a Golden Licence, providing incentives and streamlined services to foreign and local businesses with large-scale investment projects in the country, in an important step in the country's pursuit to incentivise investments and boost job creation under its fiscal and economic reforms,...
  • Two Indian companies investing $45m in Bahrain

    Manama, Bahrain: Aerolam Middle East and Titan Company are set to launch their operations in Bahrain with a total investment of  $45 million. This was was announced during the recent high-level Bahraini delegation visit to India this week, which was organised to highlight investment opportunities in Bahrain across priority sectors....
  • First fully Bahrain satellite to be  named ‘Al Munther’

    Manama, Bahrain -- The first fully Bahraini satellite will be named “Al Munther”, Bahrain News Agency (BNA) reported on Sunday, quoting  Shaikh Nasser bin Hamad Al Khalifa, National Security Advisor, Royal Guard Commander and the Secretary General of the Supreme Defence Council.   Shaikh Nasser  also unveiled the official logo of...
  • UAE, Ukraine keen on parliamentary, economic ties

    MANAMA, BAHRAIN -  Speaker of  the UAE Federal National Council Saqr Ghobash discussed ways to enhance cooperation with First Deputy Chairman of Ukraine Verkhovna Rada (Parliament) Oleksandr Kornienko on the sidelines of the 146th Assembly of the Inter-Parliamentary Union held here. During the meeting, they discussed parliamentary cooperation between the...
  • Inter-Parliamentary Union urged to take up Bahrain rights issue

    BEIRUT, LEBANON - Lawmakers attending an inter-parliament gathering in Bahrain's capital this week should seize the "opportunity" to address the Gulf state's "dismal rights record", rights groups have said. Parliamentarians from around the world are planning to attend this year’s Inter-Parliamentary Union (IPU), the oldest and largest organization of parliaments in...
  • Saudi Arabia wins bid to host 2027 football Asian Cup: AFC

    In the coming years the Saudis, who watched as neighbors Qatar hosted the World Cup in November and December, will hold the women's Asian Cup, the Olympic-sized Asian Games and even the Asian Winter Games on artificial snow.
  • Bahrain exports $2.98bn worth of products during Q4 2022

    The value of imports rose by 0.3 percent, reaching $3.75 billion during the quarter compared to $3.72 billion in Q4 2021.
  • Infracorp, Equitix partner join hands

    Collaboration to boost Infracorp’s Infrastructure footprint.
  • Investcorp set to invest $1bn in GCC real estate over next five years

    The investment in the Dammam warehouse will bring the value of Investcorp’s global warehousing logistics investments to over $4 billion.
  • Jordanian-Bahraini business forum explores investment opportunities

    AMMAN, JORDAN - The Jordan Chamber of Industry (JCI) organized the Jordanian-Bahraini Business Forum in Bahrain's capital, Manama, to increase the volume of trade exchange, discuss means of enhancing cooperation, and showcase investment opportunities in the two countries.JCI President Fathi Jaghbir underlined the need to set in motion a new...
  • Herzog becomes first Israeli president to visit Bahrain

    Israeli President Isaac Herzog arrived in Bahrain, the first visit by an Israeli head of state to the small Gulf kingdom since the two countries normalized relations in 2020. Herzog, whose role is largely ceremonial, was greeted at the airport by Bahraini Foreign Minister Abdullatif al-Zayani, according to pictures posted...
  • GCC, Bangladesh ink MoU to strengthen economic cooperation

    The MoU was inked on the sidelines of the 18th edition of Manama Dialogue 2022.  
  • GCC renews commitment to strengthen ties with EU

    Manama, Bahrain—The Gulf Cooperation Council (GCC) has stressed the importance of strengthening ties between the GCC and the European Union (EU) in order to "serve common interests." The Secretary-General of GCC, Dr. Naif Falah Mubarak Al-Hajraf, met with the President of the European Commission Ursula von der Leyen in the...
  • Bahrainis vote to elect members to Council of Representatives

    People are choosing their candidates for the 40-member Council of Representatives, one of the two chambers of the bicameral parliament.
  • UAE-Bahrain non-oil trade surges to $6.5bn in 2021

    The UAE Foreign Minister stressed that the trade growth didn’t reflect the “true potential” of the two countries.
  • Pope Francis first ever pontiff scheduled to visit Bahrain

    Francis will visit the capital of Manama and city of Awali during the November 3 to 6 trip. He will attend the "Bahrain Forum for Dialogue: East and West for Human Coexistence". Further details of the visit -- the 39th international trip of Francis's papacy -- will be released at...
  • Saudi Tourism Authority organizes promotional tour in GCC countries

    The tour came within the framework of the kingdom’s efforts to promote tourism destinations, attract tourists from the region and regional markets.
  • Bahrain government launches scheme to extend health services to citizens

    Bahrain government has launched a health scheme, “Medic in Every Home”, aimed at extending health services and reaching out to people. The project aims to enhance Bahrain’s rating on the third and fourth Sustainable Development Goals (SDGs), increase the survival rate for the injured and reach out to the largest...
  • Israeli PM starts first-ever Bahrain visit

    The visit is the latest such initiative following the US-brokered 2020 Abraham Accords.
  • Israeli foreign minister makes first visit to Bahrain, to open country’s embassy

    Israel's Foreign Minister Yair Lapid began a landmark visit Thursday to Bahrain where he will open the Israeli embassy one year after the US-brokered normalization of ties.
  • Emaar Entertainment, Eagle Hills Diyar partner to take Reel Cinemas to Bahrain

    Reel Cinemas will be the authorized cinema partner for the upcoming Marassi Galleria, a beachfront, world-class mega mall in Manama, Bahrain.
  • Double-digit growth for Middle East cities

    Except Beirut, most Middle Eastern cities have witnessed growth in double digits in terms of population from 2015 until 2021.
  • TIER takes e-scooter service to Bahrain

    This came as part of TIER’s ongoing expansion in the Middle East.
  • Saudi Arabia has invested $650 million in Bahrain road sector

    Saudi Arabia has invested around $650 million in the road sector of Bahrain through the Saudi Fund for Development
  • Energy deals top list as Bahrain issues $1.6bn tenders in Q1 2021

    Majority of tenders issued are part of Bahrain’s $32 billion infrastructure development plans Oil and gas $767m, aviation $382m, construction and engineering $194m, materials and equipment $119m     Bahrain has issued government contracts worth $1.6 billion for the first three months, up 23 percent over the same period last...