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.

Italian company to supply equipment for a new module factory in Bahrain.

A 25MV capacity solar module manufacturing facility will be built by Bahrain-based Salartecc Green Energy Factory. Production equipment will be supplied by Italian company Ecoprogetti and planned to begin from the third quarter. To read more click here.

Bahrain will soon be able to conduct large financial transactions between Gulf States.

The new unnamed company will soon provide the facility to allow large transactions to take place. The company is backed by the Central Bank of Bahrain (CBB) and the Bahrain Chamber of Commerce and Industry, and will have two headquarters – one in Riyadh and one Abu Dhabi. To read more click here

Important notification from the LMRA

The LMRA (Labour Market Regulatory Authority) has issued a notification stating all employers must now attach a copy of the labour contract in Arabic or provide a bilingual contract that includes Arabic. This applies to any new application or local transfer request for expatriate labour. Labour contracts that are submitted without the Arabic version will […]

Bahrain’s second solar panels factory on way

“A SECOND factory that manufactures solar panels will open in Bahrain, leading to greater affordability of renewable energy.” GDNOnline 13 Feb, 2020 The cornerstone of what will be the Solartecc Green factory was laid down yesterday by Sustainable Energy Authority (SEA) president Dr Abdulhussain Mirza at the facility’s site in the Hidd Industrial Area. This […]

Tender for Bahrain metro project ‘will be issued in 18 months’

“AN international tender could be issued in 18 months for the multi-million dinar Bahrain metro project, revealed a senior minister.” GDNOnline.com 13 Feb, 2020 The estimated cost for the first phase of the project would be around BD500 million to BD600 million, said Transportation and Telecommunications Minister Kamal Ahmed. He was addressing MP’s during parliament’s […]

Bahrain Tender Board opens 48 bids for six tenders and one auction.

“Tenders were opened for completion of work at the Ain Rayaa Garden, and at an air-conditioned bus shelter, among others.” constructionweekonline.com 28 Jan, 2020 Bahrain’s Tender Board, the independent regulator of the Bahrain Government’s procurement activities, has opened 48 bids related to six tenders and one auction for seven purchasing authorities. Two tenders were opened […]