Home next GCC next Bahrain

Bahrain

Bahrain says 15 arrested for ‘causing chaos’ during Islamic holiday

The group were described as “Iran-backed vandals”

Bahrain to hold parliamentary elections in November

The 2018 elections come at a sensitive time for the Gulf state

Update: Saudi, Bahrain, Kuwait, Oman to mark Islamic New Year on Tuesday

Most Gulf countries have announced a national holiday

Bahrain arrests 14 Iranians for entering country with ‘fake Asian’ passports

The suspects reportedly “bought the Asian passports” to enter the country

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

Bahrain may seek bids for metro construction in 2019

The project cost has been estimated at $1bn to $2bn

Bahrain stops issuing visas for Qatari nationals

Bahrain said the move came in response “hostile acts” by Qatari authorities

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

UAE, Saudi and Kuwait affirm support to Bahrain through fiscal programme

Bahrain has projected a state budget gap of $3.5bn in 2018

Bahrain’s Investcorp looks to make direct investments in China, India

The company reported a 4 per cent rise in net profit for the year ended June 30

Bahrain fund Mumtalakat exits US private education firm Nobel

Mumtalakat has used the proceeds from the stake sale to pay down debt

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

Bahrain government rejects parliament’s subsidy reform plan

A senior International Monetary Fund official said in May that Bahrain must urgently reform its finances

Bahrain central bank’s net foreign assets rebound in June

Foreign assets have been under pressure as Bahrain runs fiscal and current account deficits fuelled by low oil prices

Bahrain’s Bank Alkhair sells stake in Turkish investment firm

The lender received approval to transfer its 95.79 per cent shareholding of Alkhair Capital to Ankara-based A1 Capital

Bahrain says it has taken legal action against ‘fake Qatari social media accounts’

The social media accounts run from Qatar are circulating “false information” to hurt Bahrain’s economy, says ministry

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

Bahrain’s economy shrinks in Q1 as oil production dips

GDP, adjusted for inflation, shrank 1.2 per cent from a year earlier

Bahrain’s top Shi’ite cleric travels to London for treatment

Sheikh Isa Qassim was stripped of his Bahraini nationality in 2016

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

Bahrain working with financial advisory firm Lazard – report

The GCC state’s currency and international bonds reached multi-year lows last week

GCC support for Bahrain could be pushed back to 2019 – BofAML

Saudi Arabia, the UAE and Kuwait issued a statement late Tuesday indicating they were in discussions on aid for Bahrain

Bahrain dinar, bonds rebound after GCC allies pledge to avert debt crisis

The dinar touched 17-year lows against the dollar

Saudi, UAE and Kuwait to announce measures to support Bahrain’s economy

Bahrain’s dinar plunged to a 17-year low against the US dollar as hedge funds dumped Bahraini bonds

Bahraini dinar touches 17-year low against dollar

Hedge funds dumped Bahraini bonds because of concern about the country’s rising public debt

Bahrain closes $100m VC fund of funds

The Al Waha Fund of Funds is intended to encourage VCs to establish a Bahrain presence

Bahrain opposition leaders acquitted in Qatar spying case

The kingdom’s attorney general said prosecutors would appeal the ruling

Bahrain’s king asks government to reconsider pension, retirement laws

Earlier this month, Bahrain’s Council of Representatives rejected a proposed pension law

Bahrain denies media reports of links with Israel

An Israeli media report quoted a Bahraini official as saying that the Gulf state plans to establish ‘diplomatic relations with Israel’

Bahrain’s credit default swaps surpass 2016 peak

Bahrain is less resilient to market volatility than its wealthier Gulf neighbours

Different Arab money

UAE, Saudi central banks hike repo rates

The move came after the US Federal Reserve raised its target range for the federal funds interest rate by a quarter point

Dubai cryptocurrency exchange becomes region’s first to get sandbox licence

Palmex received the licence from the Central Bank of Bahrain

Sheikha Hala, former wife of Bahrain’s crown prince, passes away

Her death was announced by the Royal Court on Sunday

Bahrain must consider revising its subsidy system – IMF official

Further measures are needed in Bahrain to avoid a slowdown in economic growth, says official

Bahrain plans 10-year visa for investors

The visa is intended to boost Bahrain’s “position as an investment destination”