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.

VA Tech Wabag wins Bahrain plant maintenance contract

abc-bahrain.com 8 Apr, 2020 VA Tech Wabag, a leading pure play water technology, said it has secured a five-year contract to operate and maintain its Al Madina Al Shamaliya (AMAS) sewage treatment plant. The BD4.5 million ($11.8 million) deal was awarded by Ministry of Works, Municipalities Affairs & Urban Planning (MoW) in Bahrain towards operation, maintenance […]

Termination of monthly work fees announced by the LMRA

The Labour Market Regulatory Authority (LMRA) has announced they will not charge the monthly work fees for the months of April, May and June. The termination of these fees aims to assist the private sector in light of the coronavirus (COVID-19) pandemic which has undoubtedly impacted businesses. This follows the government’s recent announcement of an economic stimulus package to […]

Caronavirus tracing app introduced in Bahrain

A coronavirus (COVID-19) tracing app has been introduced by Bahrain’s health authorities to provide users with COVID-19 updates within the Kingdom. It aims to keep everyone updated and spread awareness in an effort to contain the virus. abc-bahrain.com 21 March, 2020 Bahrain’s health authorities have launched the ‘BeAware’ app, which aims to support efforts to […]

Tenders awarded and bids opened in the latest round from the Tender Board according to The Works, Municipalities Affairs and Urban Planning Ministry.

The latest round of tenders have been awarded worth $17.8 million covering consultancy services and construction of roads and rainwater drainage. Bids totaling $119.3 million were also opened covering various roading, sewerage and construction projects. meconstructionnews.com, 18 March, 2020 Eight bids with a total value of $17.8m awarded, along with eight bids worth $119.3m opened […]

Bahrain launches a $11.3 billion stimulus package.

A $11.3 billion stimulus package will be implemented by Bahrain’s government to support it’s citizen’s during the cornonvirus (COVID-19) pandemic, representing 29.6% of Bahrain’s annual GDP. The eight point package will include relief from municipality and utility bills and salary payments. Arabianbusiness.com 18 March, 2020 The government of Bahrain has announced an $11.38 billion economic […]

$3 million invested in Bahrain’s ICT sector

Several Indian IT firms have invested in Bahrain’s information, communication and technology (ICT) sector. Made up of IT consultants, software and hardware developers, the combined investments total more than $3 million which was approved by Bahrain’s Economic Development Board in 2019. To read more click here.