Residential rents in some areas have fallen to 2005/ 2006 levels, and occupancy levels have reached as low as 30 per cent.
The Gulf state plans to issue the bond in the second or third week of June, a central bank official said.
UAE, Bahrain and Qatar have urged their citizens not to travel to Lebanon as Syria unrest spreads.
The Gulf States, which met in Riyadh on Monday, have postponed talks of a possible integration.
Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.
The Bahraini lender’s net profit rose seven per cent during the first quarter of the year to reach $57.4 million.
Prince Alwaleed’s upcoming news channel, Al Arab will also be headquartered in Manama.
High security kept trouble away from the track as Vettel stormed to victory.
The Gulf country is hosting the Formula One Grand Prix amidst increasing protests on the streets.
Formula One teams taking part in the Bahrain Grand Prix will not be at risk, circuit chairman Zayed Al Zayani has said.
Despite officials confirming that the race is Bahrain is still on, many teams expect it to be called off amid security concerns, say reports.
Annual production in the GCC could reach five million tonnes by 2014.
The International Automobile Federation (FIA) said that it was keeping a close watch on the escalating violence in Bahrain ahead of the grand prix on April 22.
The UAE and Qatar also ranked high for their IT technologies on the global index compiled by the World Economic Forum and INSEAD.
The Bahraini telecoms operator hopes that new acquisitions will bring in revenues to compensate domestic losses.
Saudi Arabia’s Islamic Development Bank and Dallah Albaraka Group have signed an agreement with Qatar to set up the new bank.
Talal Al Zain, who recently resigned from Bahrain’s sovereign wealth fund, has been appointed as the CEO of PineBridge’s MENA operations.
The hotel group targets to have 100 hotels either operating or under construction in the region by 2015.
Mumtalakat has appointed ALBA chairman Mahmood Hashem al-Kooheji as its new CEO.
This is the country’s worst economic performance since 1994, when oil prices fell to $13 per barrel.
The investment house filed for US bankruptcy protection after it failed to reach a $1.1 billion debt deal with creditors.
Average monthly salaries for some expatriates have gone up by more than 10 per cent this year compared to 2011.
The Bahraini investment group has taken over the GL Education Group, a UK-based education solutions provider.
F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.
Investment in the GCC’s aluminium industry has reached $14 billion to date.
The Bahraini investment company has acquired a portfolio of properties in the San Francisco Bay Area for $65 million.
The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.
The parliament has voted to extend the suspension of the tax on foreign workers for another two years, according to reports.
The Gulf state is initially planning to import the equivalent of around 3 million tonnes a year of LNG from Russia’s Gazprom.
The head of Bahrain’s sovereign wealth fund reportedly resigned because of differences with the board.