Bahrain: New Fines for Unrenewed Commercial Registrations
The Ministry of Industry and Commerce (MOIC) in Bahrain has decided on 21 October 2024 to impose an annual fine of BHD500 on each commercial registration that has not been renewed for three consecutive years. It has indicated that the decision does not include delays in renewing the registration for one or two years. It […]
Bahrain starts PQ for 1,200 MW Sitra IWPP
The Electricity and Water Authority (EWA) of Bahrain has announced the start of a pre-qualification (PQ) process for the Sitra Independent Water and Power Project (Sitra IWPP). To read more click here.
NEW MANDATES FOR BAHRAINI BUSINESSES: MINISTERIAL ORDER NO. 43 of 2024
Ministerial Order No. 43 of 2024 (the Order), issued by the Ministry of Industry and Commerce, sets new requirements for commercial entities in Bahrain regarding financial transactions and electronic payment services to enhance financial transparency and promote the adoption of electronic payment methods among commercial entities in Bahrain. Order No. 43 of 2024 mandates that […]
Bahrain’s Khalifa Bin Salman Port to host 11.4 MW solar plant
Bahrain’s Khalifa Bin Salman Port to host 11.4 MW solar plant: India’s Bhageria Industries plans to build a utility-scale PV facility at the Khalifa Bin Salman Port of northeastern Bahrain. To read more click here.
Bahrain receives bids for National Charter Highway Upgrade consultancy tender
MOW intends to appoint reputed international consultant to carry out comprehensive technical feasibility studies, concept and preliminary design, detail design and provide tender assistance to MOW for widening and upgrade of National Charter Highway and development-upgrade of secondary roads (service roads and supporting links). To read more click here.
Alba ties up with Daiki for sustainable aluminum dross processing business
Aluminum Bahrain (Alba), the world’s largest single-site smelter, and Daiki Aluminum Industry Company, Japan’s leading aluminum product manufacturer, announced today a strategic partnership to establish a sustainable aluminum dross processing business in the Kingdom of Bahrain. To read more click here.
Kuwait signs $102m loan to develop Bahrain’s power grid
The Kuwait Fund for Arab Economic Development has signed a fourth loan worth $102m for the development of Bahrain’s electricity network. The vehicle is part of a series of loans by the Kuwaiti fund to develop 400-kilovolt (kV) electricity transmission networks in Bahrain. To read more click here.
Work starts at $200m Bahrain Waterfront Development
Infracorp, a specialised company investing in the infrastructure and sustainability development sector, has announced that work has begun at Marina Bay, a luxurious residential project located at Reef Island. To read more click here’
Al Dur closes $1.2bln refinance facility for Bahrain Power Project
Al Dur Power & Water Company, one of the largest power generation and water desalination companies in Bahrain, announced the successful closure of a $1.2 billion refinancing facility provided by an association of 17 local, regional, and international banks. To read more click here’
Bahrain looking for Investors for key Saudi pipeline
Bahrain is scouting for investors in a key oil pipeline that transports crude from Saudi Arabia. ‘To read more click here’.
