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.

MAJOR ISLAMIC BANKING CONFERENCE OPENS TODAY

The Central Bank of Bahrain and the Economic Development Board are supporting the World Islamic Banking Conference (WIBC) which is meant to be the world’s largest with over 50 countries expected to attend consisting of the most in most influential international gathering of Islamic finance industry leaders.  Celebrating 21 years of growth, the conference will […]

Mumtalakat launches sukuk

Bahrain’s investment firm, Mumtalakat, has raised US$600 million with its first dollar Islamic issuance.   Joint lead Managers in the deal are BNP Paribas, Deutsche Bank, MUFJG and Standard Chartered with Arab Banking Corporation and National Bank of Bahrain acting as co-lead managers. To read more, click here.        

Bahrain company signs pipeline technology deal

OAK Utility Solutions and Development, a Bahrain-based international developer of clean-tech sustainable energy and water utilities and provider of specialist service solutions to the oil and gas and petrochemical industrie, has entered into an exclusive licence agreement to bring a new pipeline rehabilitation technology known as XHab to the Middle East. To read more click […]

Zu’bi & Partners wins prestigious IFLR Law Firm of the Year Award for Bahrain

Zu’bi & Partners Attorneys & Legal Consultants (Z&P), Bahrain’s oldest established and leading law firm, and one of the region’s top tier firms, has won the prestigious National Law Firm of the Year 2014 Award for Bahrain presented by the International Financial Law Review (IFLR), the leading market guide for financial and corporate law firms […]

Latest tender for US$ 1 bn upgrade to Manama airport for piling works opened

Bahrain’s International Airport is to be upgraded at an expected US$1BN increasing it’s annual passenger capacity to 13.9 million and bringing it into line with other airports in the region. To read more please click here.    

PRIME’s Offices Closed – Ashoora – Monday 3rd & Tuesday 4th October

Please note that PRIME’s offices will be closed on these dates to mark the occasion of Ashoora.  If you have an urgent query you can contact PRIME’s Centre Manager, Emma Curtis-Smith, on +973 3990 1650 and she will assist you.   Thank you.