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Bahrain to issue appeals ruling next month in Qatar spying case

The appeals case against opposition leader Ali Salman and two others was heard at the court on October 15

Bahrain to receive up to $2bn in first slice of Gulf aid

Last week, Saudi Arabia, the United Arab Emirates and Kuwait offered a $10bn aid package to the island kingdom

Bahrain’s digital currency exchange Rain eyes GCC launch next year

The platform will allow people to buy, sell, and store digital currency

At least four killed after building collapses in Bahrain

Preliminary investigations indicated a gas cylinder explosion caused the collapse of the two-storey structure

Bahrain does not plan new dollar bond issue this year

Bahrain signed an agreement last week with Saudi, the UAE and Kuwait for a $10bn aid package

Bahrain’s parliament approves draft VAT law

The bill is yet to be approved by the parliament’s upper house, which is expected to hold a similar session later this week

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

GCC averts Bahrain debt crisis with $10bn aid package

Bahrain also released a 33-page plan to fix its debt-burdened finances and abolish its budget deficit by 2022

Saudi, Kuwait, UAE to sign $10bn Bahrain aid deal – report

Saudi Arabia, Kuwait and the UAE confirmed talks on a major aid package for the island kingdom in June

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