Among the policies welcomed by the agency were expenditure cuts and a doubling of value-added taxes in January
The agreement aims to support the training and employment of Bahrainis
During his visit, the UAE President also attended the final stage of the joint Emirati-Bahraini military anti-terrorism exercise, titled ‘Jelmoud 3’
Additional drilling operations are scheduled to be conducted during the next two years
The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn
The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau
The financial services investments are expected to generate over 840 jobs over the next three years
The investments are expected to generate more than 1,200 jobs over the next three years
The leaders were briefed about the five-star hotel which features several tourist facilities
The potential combination would create the Gulf’s seventh-largest lender with $115bn in assets
Bahrain Economic Development Board’s Musab Abdulla shares how disruptive technologies like cloud computing are impacting today’s innovations
The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries
The inaugural flight left Bahrain International Airport on June 1
The Bahraini women are among a growing number of females taking on leadership roles across the Gulf region
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
They will need to fill out an online visa waiver application which will be processed within 48 hours and at a cost of GBP30
The new service represents the 22nd route for the carrier since the launch of its service from Abu Dhabi International Airport in July 2020
The IMF said it expects the bonanza “to improve fiscal and external balances” in a region that includes 13 exporters in total
The country will put $2 into the Future Generations Reserve Fund for each barrel of crude sold at over $80
Investcorp, backed by Abu Dhabi sovereign fund Mubadala Investment Company, is in discussions with Elliott Management to buy the club for EUR1bn
The two leaders stressed the importance of further developing trade and investment cooperation
The eLydian Lion fund will be based in Abu Dhabi
The transaction includes Citigroup’s retail-banking, credit-card and unsecured-lending businesses
The International Monetary Fund estimates Bahrain needs oil prices of around $107 a barrel to balance its budget
The investments were spread across 80 properties in the UK, Germany, the Netherlands, Italy and Belgium
Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider
The two leaders reportedly discussed ways to expand cooperation across all fronts
Bahrain produces about 200,000 barrels a day
The size and monetary value of the outbound GCC tourism market were never in question – but what are its challenges, opportunities and key growth drivers in the foreseeable future?
The region is building its infrastructure and programmes to transform into a major tourist destination over the next few decades