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.
Coronavirus (COVID-19) update from PRIME
It’s easy to feel overwhelmed with information and the speed at which decisions are being made during the coronavirus (COVID-19) outbreak. Just today we received notification from CAA (Civil Aviation Affairs) that flights will be reduced as a precautionary measure to contain the outbreak. Visa’s on arrival will also be suspended as advised by the […]
Incoming flights into Bahrain will be reduced starting from 03:00 on Wednesday, 18 March 2020 as announced by The Civil Aviation Affairs (CAA).
Bahrain News Agency 15 Mar, 2020 The Civil Aviation Affairs (CAA) has announced a reduction in the number of incoming flights to the Kingdom of Bahrain until further notice, effective 03h00 on Wednesday, 18 March 2020. The CAA highlighted that this decision has been taken to help contain the Coronavirus (COVID-19) and safeguard the health […]
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