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Bahrain

Wizz Air Abu Dhabi

Wizz Air Abu Dhabi to begin flights to Bahrain

It will operate thrice weekly services starting September 9

Bahrain International Airport

Bahrain adds Georgia, Ukraine and Malawi to travel red list

Starting August 12, there will be 25 countries on the kingdom’s red list

Manama Bahrain

IMF says Bahrain needs ‘urgent fiscal adjustment’ after virus

The fund projects Bahrain’s economy will grow 3.3 per cent this year

McLaren gets $760m from investors including Saudi wealth fund PIF

McLaren, controlled by Bahrain’s Mumtalakat, has been hit by the pandemic

Bahrain announces ‘orange alert level’ during Eid holidays to enforce restrictions

The kingdom will adopt the green alert level from July 16 to July 18

Bahrain adds 16 countries to travel ‘red list’ including the Philippines, Indonesia

Only citizens and residents of Bahrain are permitted to enter from the red list countries

Arcapita sells branding firm Stratus at $450m value

Stratus was acquired by Arcapita in late 2017 and its enterprise value has since tripled

Top Bahrain telecom firm is said to weigh Saudi dual listing

Batelco has hired the investment arm of Samba Financial Group as an adviser on the deal

Bahrain bans new work permits for people from red list countries

The directive is applicable to those outside the kingdom

Majid Al Futtaim, Yellow Door Energy to develop Bahrain’s largest private solar plant

The agreement will bring clean energy to The Bahrain Mall, operated by Carrefour Bahrain

Bahrain extends Covid-19 precautionary measures until June 25

The work-from-home policy to cover 70 per cent of government employees remains in effect

Bahrain in talks with banks for bond sale in second half of 2021

The nation last tapped the international debt market in January

Investcorp to delist from Bahrain Exchange after nearly 40 years

The delisting, which is still subject to regulatory approvals, is expected to be completed in the next month

Bahrain entry ban

Bahrain suspends entry of non-residents from India, Pakistan and Sri Lanka

The indefinite entry ban has gone into effect from May 24, 2021

Covid: Bahrain allows vaccination for adolescents aged 12-17, booster dose for those above 50

The opening of the vaccination registration for adolescents on healthalert.gov.bh will be announced soon

Lebanon Foreign Affairs Minister Charbel Wehbe

UAE, Saudi, Bahrain, Kuwait condemn Lebanese foreign minister’s comments on ISIS

Several GCC states summoned the Lebanese ambassador to their respective countries to protest the statements

King Fahd Causeway

Saudi Arabia reopens King Fahd Causeway link to Bahrain

Ten new lanes have been added to the departure area, taking the total number of lanes up to 27

Bahrain, UAE condemn Israel over clashes at Al-Aqsa Mosque

In a statement, Bahrain’s foreign minister called on Israel to immediately stop any further provocation of the people of Jerusalem

How interfaith relations will pave the way for an inclusive future in the Middle East

Rabbi Marc Schneier has been working tirelessly to champion the cause of interfaith relations and build bridges between the GCC and Israel. And slowly but surely, that journey has fructified

Google startup accelerator

Google opens registrations to MENA tech startups for accelerator programme

The three-month long programme will commence in mid-July 2021 and is for ‘Seed to Series’ startups in the region

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

Bahrain Israel Travel

Quarantine-free travel between Israel and Bahrain for Covid-19 vaccinated individuals

An agreement has been signed between the two countries for mutual recognition of Covid-19 vaccine documents

Dina Sam'an Coinmena

The SME Story: Dina Sam’an, founder and managing director of CoinMENA

CoinMENA is a fully-regulated, onshore, and Sharia-compliant crypto assets exchange

Saudi Prince reportedly sells English country estate to Bahrain’s King

The sale price was more than $165m, according to sources

Khalid Yusuf Al-Jalahma Bahrain Ambassador Israel

Bahrain appoints Khalid Yusuf Al-Jalahma as first ambassador to Israel

On Tuesday, King Hamad bin Isa Al Khalifa also directed his country’s officials to set up a diplomatic mission within Israel

Bahrain awarded $4.1bn worth of contracts in 2020

Covid-19 response sees Ministry of Health spending almost tripled compared to 2019

Saudi Arabia’s Almarai acquires Bakemart in UAE, Bahrain

The acquisition is fully financed from Almarai’s operating cash flow

Trade between UAE, GCC worth Dhs229bn in 2019

Saudi Arabia is the UAE’s top trading partner, with a total of Dhs113.2bn in trade exchange in 2019

Bahrain

Bahrain bank waives loan fees for vaccinated customers

Al Salam Bank is waiving administrative fees for personal and property facilities

Investcorp is said to raise $1bn for North American deals

The money manager is the Gulf’s largest private investor in US real estate