The partnership is expected to generate over $1bn in value for the kingdom through the creation of new biotech assets
Ratings agency S&P Global revised Bahrain’s outlook to “negative” from “stable” in April
The accumulation of losses has been attributed primarily to impairment provisions from non-core investments following the global financial crisis
Dubai Airports announced the full resumption of operations across its facilities after a temporary precautionary halt
Bahrain’s financial situation have prompted S&P Global to downgrade its outlook
The initial phase of the plan includes several crucial maintenance tasks, including rubber removal, friction testing, asphalt patching and runway remarking
The growth was primarily driven by the non-oil sector, which saw an increase of 3.9 per cent at constant prices and 1.5 per cent at current prices
As ADFD continues its support for Bahrain’s growth, the strategic relationship between the UAE and Bahrain remains a powerful model for sustainable development in the Gulf region
CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success
The Bahrain-regulated exchange aims to create a more inclusive and efficient financial system by enabling fractional ownership of high-value asset classes.
The offer period runs from November 24 to December 8, and the trading debut on the Bahrain Bourse is scheduled for December 19
From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy
The move comes as competition intensifies between Dubai, Abu Dhabi and Riyadh for regional financial dominance
The deal is valued between $963.25m and $1.06bn (BHD363m and 398m), and the proceeds will help SABIC grow in the chemicals industry
The potential deal is set to reshape the aluminium market, positioning the merged entity as one of the largest aluminium producers worldwide
Bapco Energies and BlackRock signed another MOU to explore Bahraini infrastructure and decarbonisation projects in the future
The government urged eligible businesses to register with the National Bureau for Revenue before the deadline
Non-oil economy increased 3.3 per cent in the January-March period, contributing almost 85.9 per cent to overall GDP
The new additions, Address Beach Resort Bahrain and Vida Beach Resort Marassi-Al-Bahrain, will allow members to earn and redeem Upoints, the programme’s currency
The top countries contributing to Bahrain’s FDI stocks as part of a diverse portfolio include Kuwait, Saudi Arabia and the UAE
Eid Al Adha, is one of the most significant events in the Islamic calendar, and is marked by special prayers, feasts, and acts of charity
The discussions are expected to address the Israel-Gaza conflict, the Palestinian issue, and a potential free trade agreement between China and Gulf states
S&P’s affirmation of Bahrain’s credit ratings and stable outlook highlights the country’s ongoing fiscal reforms and support from GCC allies
Russian Deputy Prime Minister Alexander Novak said that Nornickel plans to build “a platinum production plant” in Bahrain
The joint venture aims to explore, develop, and invest in wind projects in Bahrain, with a capacity of up to 2 gigawatts.
Saudi Arabia’s General Directorate of Civil Defence said that most parts of the kingdom will experience moderate-to-torrential thundershowers this week
The deal excludes NSEIT’s digital examination business, which offers online recruitment and promotion tests as well as digital upskilling services
Under the new arrangement, nationals of Saudi Arabia, Oman, and Bahrain will be eligible for five-year multiple-entry Schengen visas
Several parts of Saudi Arabia witnessed heavy rains and hail showers this week, prompting warnings from meteorology and civil defense authorities
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