Bahrain to introduce new Investment Limited Partnership Law

Brian Howard, Partner at Trowers & Hamlins, summarised this latest news perfectly – “The addition of the new investment limited partnership law, the protected cell companies law and the new trusts law in Bahrain, opens the door to many new lines of business and investment structures not previously available and brings Bahrain›s structuring options in line with the best modern international examples.”

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ID Card to Simplify Procedures

Bahrain’s Government is issuing a new Bahrain Identity card to simplify the transaction procedures for GCC residents and investors in Bahrain.   It will be available to those investors and residents who have exceeded 6 months of their residency in Bahrain.

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ADP Ingénierie Wins Airport Traffic Control Design Tender

The Ministry of Transportation and Telecommunications (MoTT) awarded ADP Ingénierie the tender to  design and perform supervision work for a new air traffic control (ATC) centre at Bahrain International Airport.

“The decision of the authorities of the Kingdom of Bahrain to award ADP Ingénierie the contract for the design studies for the new ATC centre bolsters our presence in the country and their recognition of our expertise” said ADP Ingénierie CEO, Gratien Maire.

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Bahrain to host first FinTech Conference for MENA Region

Hosted by Arab Financial Services at the Four Seasons Hotel on the 29th, the MENA FinTech is titled “Fintech Disruption of the Financial Industry”.

AFS chief executive B Chandrasekhar stated, “Fintech is an innovative and fast-growing sector presenting tremendous opportunities. This event will allow us to understand and analyse the FinTech revolution and help us position Bahrain as a leader in the journey toward a digital, cashless economy.”

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