Home next GCC next Bahrain

Bahrain

Bahrain seeks deal with parliament on new subsidy system

Under the proposal being discussed, the government would include meat subsidies and a cost of living allowance

Cost of insuring Bahrain’s debt jumps as deficit jitters increase

The IMF predicts Bahrain’s debt will exceed 100 per cent of GDP in 2019

Revealed: Top 10 banks in Bahrain

Bahrain’s biggest listed banks ranked by total asset size

Bahrain court revokes citizenship of 115 on terror charges

Authorities in Bahrain have accused scores of people of militancy in a series of mass trials

GCC financial support to Bahrain could become conditional – BofAML

The bank said it expects the situation in the country “to get worse before getting better.”

Bahrain court sentences two to fines, prison for terror offences

Bahrain has suffered from a series of terror attacks since 2011

Mondelēz opens $90m Oreo factory in Bahrain

The firm said the new factory would reduce delivery costs

Bahrain military court rejects appeals of seven convicted of terror offences

The group were previously convicted on December 25

Bahrain committee approves draft bankruptcy law

The government hopes the new law will improve impartiality and speed up the bankruptcy process

Top 20 salaries in Bahrain 2018

An insight into earnings in Bahrain from the 2018 Gulf Business Salary Survey

Bahrain’s Investcorp acquires US auto parts firm KSI

The terms of the deal were not disclosed

Bahrain confirms Isra’a Wal Miraj holiday date

The kingdom’s announcement should mean similar holiday dates for most other Gulf countries

Bahrain’s new oil discovery may exceed 80 billion barrels

The discovery is Bahrain’s largest since 1932

Bahrain’s labour force shrinks in 2017

The reduction is the first in five years

Bahrain discovers largest oilfield in decades

The oil discovery is the kingdom’s largest since 1932

Bahrain markets sukuk, does not proceed with conventional bond – sources

The kingdom’s finances have been strained by low oil prices, and is rated junk by credit rating agencies

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

Bahrain gives no details on new Gulf financial aid during bond roadshow, say sources

The country plans to sell a multi-tranche bond after a series of investor meetings in London, the Middle East, the US and Asia

Bahrain arrests 116 terror suspects

The group were planning to target Bahraini officials, members of the security forces and vital oil installations, Bahrain News Agency said

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

National Bank of Bahrain eyes advisory roles on big projects – CEO

Bahrain has a pipeline of large-scale infrastructure developments valued at around $32bn

Bahrain opens fintech hub

The launch comes following the kingdom’s unveiling of a regulatory sandbox last year

Bahrain rights activist sentenced to five years in prison

Rajab was a leading figure in pro-democracy protests that swept Bahrain in 2011

Bahrain to have VAT preparations in place by year-end

Introduction of the tax has been held up by domestic political opposition

Bahrain’s Mumtalakat in talks to invest in SoftBank’s Vision Fund

Abu Dhabi and Saudi sovereigns are already investors in the fund

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

Bahrain central bank warns of budget deficit, says VAT coming

Bahrain’s state finances are among the weakest of the six GCC states

IMF says Bahrain, Kuwait, Oman, Qatar will need more than a year to introduce VAT

The six Gulf states had originally agreed to implement the tax by the end of 2018

Bahrain orders 17,000 school textbooks reprinted after ‘Persian Gulf’ gaffe

Bahrain and the other Gulf Arab states resent the term

Investcorp to fit out some of its part-owned Saudi gyms for women

A surge in demand from women has led to the move, says co-CEO

Bahrain’s Ithmaar Bank plans aggressive expansion in Pakistan

The bank aims to open 100 new branches in Pakistan, taking its total there to 500

Bahrain puts fresh austerity on hold as it mulls subsidy system

The kingdom cut subsidies and raised taxes and fees to control its deficit after oil prices fell in 2014

Bahrain raises fuel prices

Bahrain has seen its state budget severely strained by the cost of subsidies