Home GCC Bahrain

Bahrain

Palestinians won’t attend US-led conference in Bahrain – minister

The US said the June 25-26 event in Manama was the first part of Trump’s long-awaited Israeli-Palestinian peace plan

Bahrain receives first instalment of GCC aid

Saudi Arabia, Kuwait and the UAE agreed last year to give Bahrain $10bn to support the country’s funding requirements

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain ditches subsidy reform plan as political tensions simmer

Bahrain has had to introduce austerity measures in recent years such as VAT and higher water and power prices

US State Department approves nearly $6bn in weapons sales to UAE, Bahrain

The principal contractors for the sales were Raytheon and Lockheed Martin

UAE expresses ‘concern’ about Iraqi cleric’s statement on Bahrain

Iraqi cleric Muqtada Al-Sadr reportedly “defamed” Bahrain’s leadership

Bahrain King reinstates nationality to 551 citizens tried in courts

Last week, a Bahraini court stripped 138 people of their nationality in connection with terrorism charges

Bahraini court sentences 139 to jail for forming ‘Iran-funded terrorist cell’

The court also ordered 96 of them to pay BD100,000 ($265,957) each

Saudi King Salman to visit Bahrain

Saudi Arabia, along with Kuwait and the UAE, pledged $10bn in financial aid to Bahrain last year

Kuwait signs financial aid agreement for Bahrain

Kuwait, along with Saudi Arabia and the UAE, pledged $10bn in financial aid to Bahrain last year

Bahrain to use Huawei in 5G rollout despite US warnings

The US has warned countries against using Chinese technology, saying Huawei could be used by Beijing to spy on the West

Bahrain’s Bapco sees oil trading opportunities as it expands refinery

The state-owned oil company plans to boost the capacity of its Sitra oil refinery to 360,000 bpd from the current 267,000 bpd

Sheikh Mohammed meets with Bahrain’s King

The Dubai ruler also attended a part of the Endurance Cup championship in Bahrain

Bahrain sovereign fund no longer looking to invest in SoftBank fund

Mumtalakat is looking at investment opportunities in areas such as education and healthcare

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain sees budget deficit falling to $1.6bn in 2020

The GCC state released a plan last year to fix its debt-burdened finances after securing a $10bn Gulf aid pledge

Bahrain’s Investcorp acquires eight properties in the US for $330m

The properties are spread across five states including North Carolina, Georgia, Florida, Arizona and Texas

Higher fee income helps profits rise at Bahrain’s Investcorp

The private equity house saw first-half net profit rise five per cent to $58m

Bahrain’s Investcorp launches in India by acquiring IDFC businesses

Investcorp is looking to expand its business across Asia

Bahrain upholds life sentence against opposition leaders charged with spying for Qatar

Al-Wefaq members Sheikh Ali Salman, Sheikh Hassan Sultan and Ali Alaswad were sentenced to life imprisonment in November

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain got first funds from GCC aid last year

Saudi, Kuwait and the UAE pledged to give $10bn to Bahrain to avoid the risk of a debt crisis

Bahrain to develop ‘world’s largest’ underwater theme park

The dive site will have a 70-metre long decommissioned Boeing 747 as its centerpiece, the largest aircraft ever to be submerged

Bahrain’s Investcorp, Coller form $1bn European private equity fund

The deal also includes fresh capital for any follow-on investments and future investments

Gulf Air says its niche will be to offer premium service

Bahrain’s national airline expects to carry around 5.8 million passengers this year

Bahrain’s top court upholds sentence against activist Nabeel Rajab

Rajab was found guilty of criticising the Saudi air strikes in Yemen and writing tweets accusing Bahraini authorities of torture

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain prepares for VAT introduction next year

Everything you need to know about VAT in Bahrain

Bahrain summons Iraqi diplomat over criticism from ex-PM Maliki

Bahrain described Maliki’s statements as “blatant and unacceptable interference in the internal affairs of Bahrain”

Video, pictures: UAE leaders, Bahrain’s king visit Dubai’s heart-shaped lake

The 500,000-square-metre lake has thousands of trees, designated places for visitors to rest and walking tracks

UAE, Bahrain follow US move to raise interest rates

The US Federal Reserve Board decided to hike rates by 25 basis points

Bahrain foreign minister defends Australia’s decision on Jerusalem

Australia announced its formal recognition of West Jerusalem as Israel’s capital on Saturday

Bahrain bans discrimination, sexual harassment at work

Employers will be fined if a worker is found to have engaged in sexual harassment

Bahrain criticises Qatar emir for not attending GCC summit

Saudi’s king had invited Qatar’s ruler to the gathering of Gulf leaders