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UAE President Sheikh Mohamed - Jordan visit - 66ca77b8-2d18-48a4-a91b-0df49fcaa945

UAE President Sheikh Mohamed in Jordan following Bahrain visit

Sheikh Mohamed’s trip is intended to bolster long-standing ties between the UAE and Jordan

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Saturday night F1 race Bahrain

Bahrain to host first-ever Saturday night F1 race to kick off 2024 season

The Formula 1 Gulf Air Bahrain Grand Prix will take place from February 29 to March 2

INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

Investcorp invests $100m in communications firm SEC Newgate

Bahrain’s Investcorp invests $100m in communications firm SEC Newgate

The transaction is expected to close between the third and fourth quarter of 2023, subject to regulatory approvals

Fraser Suites Al Liwan Bahrain (Image: Supplied by Frasers Hospitality)

Frasers Hospitality to open third serviced apartment project in Bahrain

Fraser Suites Al Liwan Bahrain will offer 63 units and will welcome its first guests in the fourth quarter of 2023

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

Bahrain’s Al Salam Bank acquires majority stake in Algerian unit

The plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities within the country and the wider region

Bahrain grants golden licences to five investment projects

Bahrain grants golden licences to five investment projects worth over $1.4bn

The licence scheme will enhance the country’s competitiveness and boost growth while encouraging the digital transformation of the economy

S&P Global affirms positive outlook on Bahrain

S&P Global affirms rating, positive outlook on Bahrain

The country’s fiscal and debt positions strengthened in 2022 on the back of higher oil prices and budget consolidation measures

Bahrain (Image: Supplied by Qatar Airways)

Qatar Airways resumes flights to Bahrain

It has commenced with a daily flight between the two destinations, and will increase it to thrice-daily services later this year

Green Corp

Bahrain’s agribusiness platform Green Corp takes a stake in Badia Farms

Established in 2016, Badia Farms’ sustainable farming techniques produce fruits and vegetables without sunlight or soil

Bahrain unveils new visa

Bahrain unveils new ‘golden licence’ to attract investors

The new licence is part of an economic recovery plan launched by the Gulf state in October 2021 to boost investment and job creation

Bahrain GDP 2022 growth. Image by EDB

Bahrain’s economy expands by 4.9% in 2022, the fastest in a decade

The country’s non-oil sector grew by 6.2 per cent in 2022, the highest growth rate recorded over the past ten years

Bahrain

Why Bahrain remains a key player in GCC’s financial sector

The kingdom has built a financial services sector comprising more than 360 local, regional and global institutions

Gulf

Gulf Islamic Investments announces an office opening in Bahrain

Gulf Ventures Capital is a part of GII’s strategy to expand its footprint in the MENA region and globally

Carrefour Bahrain_Self Checkout

Carrefour brings self-checkout service to Bahrain

A hand-held device, simple to use with a bank card or smartphone, allows customers to scan and bag purchases

Non-oil trade

Non-oil trade between UAE, Bahrain grows by 92% over 10 years

Their total non-oil trade exchange during the same period also amounted to Dhs188bn, with imports accounting for Dhs77.4bn

Service

Regional wealth management firm launches invest now pay later service

The service allows investors to start investing in private markets without funding the entire commitment from day one

Manama Bahrain

S&P turns more positive on Bahrain as oil prices surge

Among the policies welcomed by the agency were expenditure cuts and a doubling of value-added taxes in January

agreement

Bahrain’s Gulf Air, Tamkeen sign agreement to advance cooperation

The agreement aims to support the training and employment of Bahrainis

SAKHIR, BAHRAIN - November 10, 2022: HH Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates (L), meets with HM King Hamad bin Isa Al Khalifa, King of Bahrain (R) ( Abdulla Al Neyadi / UAE Presidential Court )

UAE President, King of Bahrain discuss strengthening bilateral relations and cooperation

During his visit, the UAE President also attended the final stage of the joint Emirati-Bahraini military anti-terrorism exercise, titled ‘Jelmoud 3’

Bahrain

Bahrain announces discovery of two new natural gas reservoirs

Additional drilling operations are scheduled to be conducted during the next two years

Investcorp plans major ramp up of India assets to $5bn

The asset manager has been expanding holdings from the US to Asia as it seeks to reach assets of about $100bn

Investcorp, Fung Capital to start $500m Greater Bay fund

The fund will mainly focus on buyouts of firms in or close to the region that spans the Chinese cities of Hong Kong and Macau

Bahrain

Bahrain attracts $72.7m worth of investment in financial services

The financial services investments are expected to generate over 840 jobs over the next three years

Bahrain

Bahrain attracts $290m in direct investment in manufacturing and logistics

The investments are expected to generate more than 1,200 jobs over the next three years

Tourist project

In pics: UAE President, regional leaders inspect tourism project in Egypt

The leaders were briefed about the five-star hotel which features several tourist facilities

Kuwait Finance House

Kuwait lender KFH to buy Bahrain’s Ahli United for $11.6bn

The potential combination would create the Gulf’s seventh-largest lender with $115bn in assets

Cloud

Why some organisations are still reluctant to move to cloud

Bahrain Economic Development Board’s Musab Abdulla shares how disruptive technologies like cloud computing are impacting today’s innovations

UK launches negotiations for free trade deal with GCC

The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries