A soft opening of the new airport is expected in September of 2019, demolishing the old airport once the new one is 80% complete. To read more click here.
Today Bahrain launches the Real Estate Regulatory Authority (RERA), which is the body governing the real estate sector and is responsible for providing licenses to all real estate professionals and projects. To read more click here.
Or for more information on RERA log on to www.rera.gov.bh.
A 109km rail system will be implemented in five phases operational by 2024 providing access to the public to the airport, the Diplomatic Area, the north, the city centre and more. To read more click here.
Bahrain has set a target of 10% of total energy consumption to be met through renewables by 2035 with 5% to be met by 2025. The Government has approved plans for the building of a solar energy power station which is set to be operational by the end of 2019. To read more click here.
Sheikh Mohamed bin Khalifa Al Khalifa, the oil minister of the Kingdom of Bahrain said that Bahrain Petroleum Co (Bapco), Bahrain’s state-owned company, and the Frances TechnipFMC will sign a $4.2 billion contract for the expansion of the refinery, expected to commence within 50 months. To read more click here.
Bahrain’s National eGovernment Strategy achieved 91% of it’s 2017 objectives, which included reaching more than a million online transactions across various online channels, as well as receiving more than BHD74 million in payments for Electricity & Water, General Directorate of Traffic, Sijilat, University of Bahrain and Identity Card services. To read more click here.
Bahrain FinTech Bay (BFB) announces its intention to launch RobustWealths investment platform which automates almost entirely the investment decision making process. To read more click here.
Alba has signed a memorandum of understanding with General Electric (GE) whereby the latter will initiate a technical and commercial feasibility study to transforming power generation in the aluminum smelting industry by installing the GE 9HA technology at PS 5. To read more click here.
Gulf Air, the Kingdom of Bahrain’s national carrier, has introduced a ‘Bahrain tourist visa service exclusively for passengers flying across its global network. Travelers with return Gulf Air tickets can now apply for a visa to Bahrain online via: visa.gulfair.com or by visiting their local Gulf Air sales office. To read more click here
Bahrain’s Petroleum Company (BAPCO) has awarded athe US$4.2 billion deal to modernize refinery facilities to Korean based, Samsung Engineering Co. The modernisation is expected to boost barrel production from 267,000 to 360,000 per day. To read more click
Whether you’re planning a brief business trip or a long-term presence, are looking for conference facilities, a virtual presence or a fully serviced office, help with documents or immigration, or just want to know more about doing business in Bahrain, we’re here to help.
News & Events
- Appointment of Mr. Hatim Q. Zu’bi as Private Notary June 10, 2018
- US$90m New Production Plant Opens April 18, 2018
- Bahraini and Saudi companies are competing for residential projects for the benefit of BDF affiliates. April 4, 2018
- SSH wins Hasabi Waterfront Development March 21, 2018