New Business Incubation Service Office Opens in Bahrain | PRIME Incubator

PRIME opens new Business Incubator Office – a low-cost, high value option for start-ups

We are very pleased to announce the opening of PRIME Incubator, incorporated to enable us to offer Business Incubation & Acceleration services to new companies setting up in Bahrain – a new concept approved by the Ministry of Industry & Commerce.

Located close to the main PRIME offices, PRIME Incubator will be offering a full range of services and a shared professional working environment designed to nurture, develop and accelerate the growth of start-ups.

As well as providing excellent value, PRIME Incubator will also offer unrivaled expertise, including special tutorials, in order to ease the challenges and difficulties faced by new companies in their first stages of operation.

One of the many benefits of PRIME Incubator is that companies we assist are not required to have a physical address for the first two years of operation and are not required to pay Municipality Fees.

For further details, please visit our PRIME Incubator page and contact us to find out more.

New Project Awarded to UK-based Specialist Ordnance Survey International

‘Under the land’ mapping of Bahrains utilities is now being done by  UK-based specialist, Ordnance Survey International (OSI), aimed at improving the accuracy of the their location.  OSI is working with the partner Ministries such as the Survey and Land Registration Bureau (SLRB), the Electricity and Water Authority (EWA), the Ministry of Works, Municipalities Affairs, and Urban Planning to study the current formation and management and will then move onto setting a roadmap for the future precise positioning and recording of the location of the underground utilities.  To read more click here.

Bahrain to sign Bapco’s expansion contracts before year end – minister

Bapco will choose the winning bid in the near future, with final contracts to be signed before the end of 2017, oil minister Sheikh Mohammed bin Khalifa al Khalifa. 

DUBAI: Bahrain‘s oil minister said he expects expansion contracts for Bahrain Petroleum Company (Bapco) to be signed before the end of the year, state news agency BNA reported.

Bapco will choose the winning bid in the near future, with final contracts to be signed before the end of 2017, oil minister Sheikh Mohammed bin Khalifa al Khalifa.

Sources close to the deal told Reuters last month that state-run Bapco was expected to take a decision in the fourth quarter as it was due to meet a consortium led by UK-based TechnipFMC for further talks over the planned expansion of Bahrain’s only oil refinery.

 

Source: Energyworld, The Economic Times

Bahrain Marina Piling Tender to be awarded in September

The tender for the piling of the new Bahrain Marina development is to be awarded at the end of September.  The project itself will include a five-star hotel, various residential apartments and villas, waterfrontage including a 450m boardwalk, an entertainment centre, a cinema complex, a yacht club, and dining and retail facilities, as well as underground car parking for approx. 2,000 vehicles.

To read more click here.