Parliament approves VAT for implementation on January 1, 2019
On Sunday 4 October, Bahrain’s Parliament, holding an extraordinary session upon a royal order, approved VAT at the rate of 5% per cent effective from January 1 next year. Bahrain will be the 3rd country within the GCC to implement the VAT along with the UAE and Saudi Arabia. To read more click here.
Appointment of Mr. Hatim Q. Zu’bi as Private Notary
To accommodate Bahrain’s economic growth and the rise of international foreign investment, and aimed to make the notarization process easier and more time and cost efficient for individuals and businesses, the Bahrain government recently launched an initiative whereby selected individuals have been appointed to serve as Private Notaries. Mr. Hatim Q. Zu’bi, Partner at PRIME […]
US$90m New Production Plant Opens
Mondelēz International opened another production plant located alongside it’s existing one. It’s approximately 250,000 square metres and will manufacture the well known brands of Oreo and Barni to name a few. To read more click here.
Bahraini and Saudi companies are competing for residential projects for the benefit of BDF affiliates.
Ministry of Housing in Bahrain opened pre-qualification documents for the construction two projects in the Wadi Al Sail and Galali areas of the kingdom. More than 50 companies from Bahrain and Saudi are in the race for these two major projects. To read more click here.
SSH wins Hasabi Waterfront Development
Kuwaiti firm, SSH, has been awarded the design and construction project of the exclusive development located in Durrat al Bahrain. The project will consist of both residential and commercial aspects including a number of waterfront villas (with private jetty’s), residential and commercial buildings, restaurants, and beach facilities. To read more click here.
US$66m Hilton to open in Bahrain in 2020
The Hilton brand is entering the Bahrain market for the first time with the new Hilton Bay Hotel & Residences. It will be connected to The Avenues retail development and the 210 room hotel will give guests access to the mall and a 1.5km stretch of the c0rniche. Once completed the resort will feature 150 […]
Bahrain Aims for a Mix of Renewable Energy Sources
Bahrain has issued a Request for Concept to selected developers for the construction of an IPP Solar Power project at a large landfill site. The aim is to generate 5% of Bahrain’s required energy (255MW) via renewable sources by 2025, reaching 700MW by 2030. Proposals are due by April 11. To read more abou the […]
CTM360 Bahrain Based Cyber Security Company
Based in Bahrain, CTM360, offers offer cyber threat management services on companies cyber assets. To read more click here.
Bahrain to Construct Giant Acquarium
Londonderry company, ELSS Engineering, has been awarded the multimillion dollar contract to construct a 17 metre high shark and fish aquarium in the Mall of Dilmunia. To read more click here.
Bahrain Hosts 13th Middle Eastern GEO Conference 2018
Bahrain hosts the 13th Middle Eastern conference and exhibition of the Geological Sciences from March 5-8 this year. More than 3,500 global energy leaders, across more than 100 companies and 19 countries, featuring around 420 speakers. Held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, the Prime Minister. To read more click […]
