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Bahrain oil project secures financing from US Exim Bank

US export credit agency approves support for Bahrain oil project

The board of EXIM approved the project after voting last month to notify Congress about potentially supporting the expansion of an oil and gas field in the Gulf state

shark tank uae-dr shimmari

‘If you don’t integrate AI, you’re out’: Shark Tank contestant talks future of startups

Dr Abdullah Al Shimmari, an entrepreneur and participant in TV shows like Bebaan and Shark Tank, shares insights into securing funding and the future of AI in business

Bahrain Golden Licence attracts billions in FDI _ Getty Images-1471641887

Bahrain: Golden licence initiative attracts $2.4bn in investments

With Bahrain’s FDI stock relative to GDP surpassing the global average at over 81 per cent, international investors continue to trust its competitive value proposition

F-16 Block 70 fighter jets

Bahrain receives Lockheed Martin’s F-16 Block 70 fighter jets

The F-16 Block 70 jets are equipped with state-of-the-art features including the APG-83 AESA Radar and advanced avionics

Saudi Arabia’s PIF, Bahrain Mumtalakat to boost cooperation, investment

Saudi Arabia’s PIF, Bahrain Mumtalakat to boost cooperation, investment

The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain

Gulf Air to operate direct flights to AlUla in Saudi Arabia Image Gulf Air

Gulf Air’s latest route: Seasonal flights to AlUla, Saudi Arabia

The Bahrain-based airline will operate direct flights to AlUla biweekly, starting February 3

Bahrain Steel company to receive Dhs450m SLL Image Getty images

Bahrain Steel to receive $450m sustainability-linked loan from bank consortium

The SLL’s framework incentivises Bahrain Steel to exceed mandatory greenhouse gas emissions reductions, facilitating the company’s transition toward lower carbon operations

The 12 cheapest tax-free countries for expats to relocate

For expats looking for the cheapest tax-free destinations to live in, this list from an insurance company might be an interesting guide

Binance Bahrain

Bahrain deports 139 workers in latest inspection crackdown

The total number of deported workers from Bahrain numbers almost 400 since the end of November 2023

Masdar

Top marks for GCC nations in digital connectivity index

Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023

S&P Global affirms positive outlook on Bahrain

Bahrain notched up 2.45% growth in third quarter of 2023

The Kingdom of Bahrain showcased healthy GDP growth for the third quarter of 2023, according to the latest statistics revealed by that country.

Huawei

Huawei holds ICT competition in Bahrain to develop tech skills

More than 27,500 students from over 600 universities across 21 Middle Eastern and Central Asian countries have participated in this year’s competition

UAE ISRAEL BAHRAIN ABRAHAM ACCORDS Image courtesy: Getty Images

Abraham Accords: Bahrain suspends ties with Israel

Bahrain’s government confirmed that its ambassador to Israel had been asked to return

Middle East alternative asset manager Investcorp sets IPO price range for vehicle

Middle East alternative asset manager Investcorp sets IPO price range for vehicle

The vehicle plans to offer 643 million ordinary shares and wants to list on the Abu Dhabi Securities Exchange

Gulf Air to begin flights to China in 2024 (Image: Supplied by Gulf Air)

Gulf Air to begin flights to China in 2024

Bahrain’s national carrier will commence operations to the Asian country in January

CITYSCAPE BAHRAIN

Cityscape Bahrain set to return in November 2023

The event highlights the country’s commitment towards accelerating the growth and development of the real estate sector

Bahrain News Agency

Bahrain announces public holiday for Prophet Muhammad’s birthday

The kingdom’s ministries, state departments and public institutions will be closed on September 27

Israel bahrain talks

Israel opens new embassy in Bahrain to boost economic, cultural ties

The Israeli foreign minister’s visit to Bahrain coincides with the third anniversary of the establishment of diplomatic relations between the two countries

Bahrain residency permit: Expats can enable renewal when overseas image Getty Images

Bahrain residency permit: Expats can enable renewal when overseas

The residency and work permit can be renewed through Bahrain’s Expatriate Management System or official Labour Market Regularly Authority channels

Binance Bahrain

Binance launches crypto futures in Bahrain

Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence

UAE President Sheikh Mohamed - Jordan visit - 66ca77b8-2d18-48a4-a91b-0df49fcaa945

UAE President Sheikh Mohamed in Jordan following Bahrain visit

Sheikh Mohamed’s trip is intended to bolster long-standing ties between the UAE and Jordan

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Saturday night F1 race Bahrain

Bahrain to host first-ever Saturday night F1 race to kick off 2024 season

The Formula 1 Gulf Air Bahrain Grand Prix will take place from February 29 to March 2

INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

Investcorp invests $100m in communications firm SEC Newgate

Bahrain’s Investcorp invests $100m in communications firm SEC Newgate

The transaction is expected to close between the third and fourth quarter of 2023, subject to regulatory approvals

Fraser Suites Al Liwan Bahrain (Image: Supplied by Frasers Hospitality)

Frasers Hospitality to open third serviced apartment project in Bahrain

Fraser Suites Al Liwan Bahrain will offer 63 units and will welcome its first guests in the fourth quarter of 2023

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

The plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities within the country and the wider region

Bahrain grants golden licences to five investment projects

Bahrain grants golden licences to five investment projects worth over $1.4bn

The licence scheme will enhance the country’s competitiveness and boost growth while encouraging the digital transformation of the economy

S&P Global affirms positive outlook on Bahrain

S&P Global affirms rating, positive outlook on Bahrain

The country’s fiscal and debt positions strengthened in 2022 on the back of higher oil prices and budget consolidation measures

Bahrain (Image: Supplied by Qatar Airways)

Qatar Airways resumes flights to Bahrain

It has commenced with a daily flight between the two destinations, and will increase it to thrice-daily services later this year