The projects include the upgrade to the country’s international airport, various tourism developments and the expansion of the aluminium smelter at state-owned firm Alba.
Money raised from the offering will be used to fund upgrades of its network infrastructure as well as expand its super-fast 4G LTE offering in the kingdom.
The Ministry said that Nabeel Rajab was summoned for questioning on Wednesday “regarding tweets posted on his Twitter account that denigrated government institutions”.
BNA news agency said the court found the nine men – who are all Bahraini-born Shi’ites – guilty of smuggling weapons, including explosives, into the country in a case that dates back to 2013.
Viva said the launch of its next-generation mobile network – which allows web download speeds several times faster than its predecessor 3G – will help boost its revenues.
The new policy will allow citizens from 66 countries to receive visas upon arrival in Bahrain, while visitors from another 36 countries will be eligible for e-visas.
No reason was given in the statement for the extension, which moves the closing date for investors to buy shares in the initial public offer to September 30.
Market participants with direct knowledge of the deal said that Bahrain would be able to issue its first 30-year debt by taking advantage of good sentiment towards the Gulf in general.
Chinnakannan Sivasankaran, the chairman of Chennai-based Siva, filed for bankruptcy in the Seychelles after a British court in June ordered him to pay the money to Batelco’s subsidiary BMIC.
Charges against the detained rights activist Maryam al-Khawaja include insulting Bahrain’s king, and assaulting a policewoman at the airport, her mother said.