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.
The 2 companies have been in talks since May 2018 to renew their earlier agreement of 2012. The new agreement “….will enable Bahrain Steel to produce high grade DR pellets with over 67% Fe with combined silica and alumina levels of less than 2.5% and BF pellets of 65% Fe with combined silica and alumina […]
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.
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.
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 […]
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 […]
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