Bahrain to host first FinTech Conference for MENA Region
Hosted by Arab Financial Services at the Four Seasons Hotel on the 29th, the MENA FinTech is titled “Fintech Disruption of the Financial Industry”. AFS chief executive B Chandrasekhar stated, “Fintech is an innovative and fast-growing sector presenting tremendous opportunities. This event will allow us to understand and analyse the FinTech revolution and help us position Bahrain […]
Bahrain to have new Medical City worth $1bn
To be constructed in two phases, with an expected date of completion of end 2019, the hospital is being funded with a grant from Saudi Arabia’s late King Abdullah bin Abdulaziz Al Saud. A total of 29 companies have been prequalified to bid for the construction of the medical city in Bahrain, to be constructed in […]
Bahrain signs to implement US FACTA
Bahrain signed the US agreement to implement FACTA (Foreign Account Tax Compliance Act) to improve international tax compliance for US citizens living in Bahrain. To read more click here.
Highest Metal Production Record Achieved
Alba, one of the world’s largest manufacturers of aluminium here in Bahrain, produced it’s largest amount of metal in 2016 at 917,420 metric tonnes, up by 1.1% on 2015. To read more click here.
Bahrain to build its first LNG terminal
Construction on Bahrain’s first LNG terminal, which will be used to receive and regasify LNG, will commence this month to be completed by 2019. The project is jointly owned with Bahrain LNG, Oil and Gas Holding Company (Nogaholding) and a consortium consisting of Teekay LNG Partners, Gulf Investment Corporation (GIC) and Samsung C&T (Samsung). To read more […]
