#Bahrain

cryptocurrency

Central Bank of Bahrain licences Sharia-compliant cryptocurrency exchange CoinMENA

At launch, CoinMENA’s platform will be available to residents of Bahrain, the UAE, Saudi Arabia, Kuwait and Oman

Bahrain-GCC trade hits $5.7bn in 2020 despite Covid-19 challenges

Bahrain exports surge 12 per cent in Q4 of 2020 buoyed by manufacturing sector

Bahrain plans to sell dollar bonds to plug budget deficit

The Gulf Arab kingdom is selling benchmark-size seven-year debt, 12-year securities and/or notes maturing in 30 years

Gulf Air Ras Al Khaimah

Bahrain’s Gulf Air mulling flights to UAE’s Ras Al Khaimah Airport

The two entities signed an MoU to explore the possibility of building connectivity between the kingdom and the emirate

Bahrain

Bahrain attracts $885m investment in 2020 despite Covid-19

Accumulated direct investments reaches 78 per cent of Bahrain’s GDP

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Abu Dhabi expands ‘green list’ of countries that do not require quarantine

Bahrain is the latest to be added to the list, which also includes other Gulf countries

Abu Dhabi

Bahrain scores high in cost-effective supply chains

FDi says Bahrain is competitive in construction permits, energy prices, and taxes

Bahrain

Bahrain achieves nationwide 5G coverage

Bahrain ICT sector accounts for nearly 3% of national GDP

King Fahd Causeway re-opening to add ‘billions’ to Bahrain economy

Saudi citizens will be permitted to travel via air, land and sea from March 31 2021

Bahrain

Bahrain: Expats can apply for self-sponsorship of residency permits online

The online service covers foreign retirees, investors and property owner in Bahrain

Gulf Arab states agree to restore Qatar ties, end three-year rift

Qatar’s ruler Emir Sheikh Tamim bin Hamad Al Thani landed in the kingdom to a warm embrace from the Saudi Crown Prince

GCC leaders convene in Saudi Arabia for summit, sign statement

The GCC summit began with a keynote address by Saudi Arabia’s Crown Prince Mohammed Bin Salman

Bahrain-Manama

Bahrain central bank extends loan repayment deferrals on Covid crisis

The option to postpone installments is to be offered to all customers residing in the kingdom, whether individuals or companies

Bahrain-Manama

Bahrain, UAE and Saudi ranked among world’s top five Islamic finance economies

Islamic Development Bank report places Bahrain in third place globally

Truck

Dubai trade with Bahrain increases 170% in 10 years

In the first half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn

Emirates A380

Emirates to operate one-off A380 service to Bahrain this week

Emirates has flown to Bahrain for the last 20 years and has since then carried over 6 million passengers between the two countries

Bahrain approves China’s Sinopharm Covid-19 vaccine

The UAE registered the Sinopharm vaccine after finding it had a 86 per cent efficacy rate

Bahrain

Bahrain to provide free Covid-19 vaccinations to all residents and citizens

All those over the age of 18 will receive the vaccine, with plans in place to initially vaccinate five thousand individuals per day

Bahrain puts economic recovery ahead of boosting budget revenue

Bahrain’s public finances have been under strain from the twin shock of the pandemic and lower oil prices

No pre-flight Covid-19 PCR test for passengers arriving in Dubai from GCC countries

The exemption is not applicable to passengers arriving by road through the Hatta border

Bahrain

First insurance platform graduates from Central Bank of Bahrain regulatory sandbox

Tasweya offers a platform for auto-reconciliation of statements of accounts

GCC Covid-19 update: UAE reports 1,107 cases; 215 infections registered in Oman

The death toll in the UAE has risen to 572

Outlook 2021: Challenging outlook offers varied picture for GCC banks

The GCC governments’ measures to help corporates and individuals navigate the challenging environment have taken various forms

GCC leads MENA in fintech maturity: report

Abu Dhabi, Bahrain, Dubai and Riyadh named MENA’s top fintech ecosystems by Startup Genome

GCC Covid-19 update: UAE reports 1,297 cases, 4 deaths

The death toll in the UAE has risen to 563

GCC Covid-19 update: UAE reports 1,310 cases, 5 deaths; Oman confirms 223 infections

The death toll in the UAE has risen to 559

GCC Covid-19 update: UAE reports 1,065 cases, two deaths

The case count in the UAE has risen past 160,000

Bahrain’s Investcorp invests in India’s Xpressbees

Xpressbees has a presence across more than 2,000 towns and cities in India

GCC Covid-19 update: UAE reports 1,205 cases, four deaths

The death toll in the UAE has risen to 552

Bahrain-Manama

Bahrain and Israel to begin direct flights, open embassies

Starting 2021, there will be 14 weekly flights operating between Bahrain and Tel Aviv