BAHRAIN NEWS AND BUSINESS UPDATES

Your starting point for all the latest news stories concerning business, legal and other stories and events concerning Bahrain and the Gulf region.

New Medical City Expected 2021

Saudi Arabia has granted a fund of $1bn towards the construction of a new Medical City. The contractor will be finalised in June and construction expected to commence in the 3rd quarter of the year. To read more click here.

New Media Law for Bahrain

The new law is currently being developed by the Government and will go next to legislators to fine tune. It will replace the current media law dating 2002. To read more click here.

2019/20 Bahrain Budget of $34bn on 66 Projects

Bahrain will spend BD675.48m on projects in 2019 and BD676.08m in 2020. The funds will be allocated as follows; 28% – social housing,24% – public works and roads,17% – electricity and water networks,10% – transportation infrastructure,5% – youth and sports facilities,5% – health and social services.The remainder is set aside for miscellaneous projects.To read more […]

Bahrain – testing gateway to region

Daniel Seal, Founder & CEO of Unbound, an international expert on entrepreneurship, thought leader on innovation and digital transformation says Bahrain has always been seen as a beta testing gateway to the region. He also said, “What’s great about Bahrain is the warmth of its people, the friendliness around and the kingdom’s open for business […]

$30m Manufacturing Plant to Open in Bahrain

Universal Rolling (Unirol), opened its newly upgraded and fully automated manufacturing plant here in Bahrain, increasing it’s its production capacity from 175,000 tonnes per annum to 275,000 tonnes per annum of its high-quality reinforcing steel rods. To read more click here

ACWA Power to Build Solar Plant

We are pleased to report that our valued Client, ACWA Power, have won on a major contract for the construction and operation of a 100MW independent solar power plant in Bahrain. They were selected from 26 companies who submitted a bid for the tender. To read more click here.