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New Arcapita venture to invest $2bn in US warehouses

The goal is to grow the portfolio to as much as $2bn in gross asset value across the top 25 US industrial markets

Bahrain plans $30bn investment as it balances its budget

The kingdom aims to create more than 20,000 jobs annually for citizens by 2024

Covid-19: Bahrain updates alert system, temperature checks to be stopped for unvaccinated

Obligatory registration of information will no longer be required for non-vaccinated individuals when entering a facility, with waiting areas to be re-opened

Bahrain Airport Company, FedEx Express sign contract to operate advanced facility

Bahrain International Airport’s new cargo area will double the airport’s capacity to accommodate larger volumes

Germany

Travellers from UAE and Bahrain can now travel to Germany irrespective of vaccination status

The latest decision to add the two countries to the German safe list was based on a recommendation of the Council of the European Union

Israeli Foreign Minister to open new Bahrain embassy on Thursday

Bahrain’s first ambassador to Israel, Khaled Yousif Al-Jalahma, took up his new post in Tel Aviv earlier this month

Bahrain plans to double VAT in bid to curb deficit

Bahrain’s budget shortfall is projected to drop to 9.1 per cent of gross domestic product this year compared with 18.3 per cent of GDP in 2020

Reel Cinemas

Emaar Entertainment partners with Eagle Hills Diyar to open Reel Cinemas in Bahrain

Located in Marassi Galleria in Manama, the country’s first Reel Cinemas will open in 2022 and feature 10 screens

Bahrain records its hottest August in 119 years

The mean temperature of the month stood at 36.8 degree celsius, 1.7 degrees above the long-term normal for August

Abraham Accords: What has been the biggest impact so far?

Prominent Israeli leaders voice their thoughts on the major changes they have seen in the last year

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