BAPCO Secures Samsung for Modernisation Project
Bahrain’s Petroleum Company (BAPCO) has awarded athe US$4.2 billion deal to modernize refinery facilities to Korean based, Samsung Engineering Co. The modernisation is expected to boost barrel production from 267,000 to 360,000 per day. To read more click .
Amazon Web Services to set up in Bahrain
AWS will be setting up it’s first Middle East Cloud technology data centre here in Bahrain and is expected to be operational by early 2019. Bahrain was chosen by AWS as the right location after it decided to digitise all government and ministry operations through cloud services under a new strategy called Cloud First. To […]
New Solar Power Plant for Bahrain
Bids will be invited for the building of Bahrain’s first solar power plant expected to be completed by the end of 2019. To read more click here.
Bahrain Launches Largest FinTech Hub in the MENA Region
The Bahrain Economic Development Board (EDB) and FinTech Consortium (FTC) have launched Bahrain FinTech Bay (BFB), the largest dedicated FinTech hub in the Middle East and Africa. Bahrain will be added to FTC’s global network of locations alongside New York and Singapore, and will be focused on assisting in the development of Fintech firms in the country. […]
Central Bank’s New FinTech Unit
Bahrain’s Central Bank (CBB) has announced the creation of a FinTech Unit will be responsible for the supervision of licensed companies’ activities and operations, including cloud computing, payment and settlement systems, and monitoring technical and regulatory developments in the FinTech field, as well as for the approval process to participate in the Regulatory Sandbox. For more […]
Zu’bi & Partners Wins International Financial Law Review Middle East Awards for the 4th Year Running
Zu’bi & Partners, Attorneys & Legal Consultants (Z&P), Bahrain’s oldest established and leading law firm, and one of the region’s top tier law firms, has for the fourth consecutive year won the prestigious Law Firm of the Year 2017 award for the Kingdom of Bahrain. The award was presented to the firm at a grand […]
Kooheji Contractors Awarded New Marassi Al Bahrain Residences Construction Contract
Kooheji have been awarded the main construction contract of the 38,500-sq-m Marassi Boulevard residential building which will be a four building apartment complex in Bahrain’s new Marassi Bahrain development in Muhurraq. The area will also include the 2 new 5 star hotels, The Address Marassi Al Bahrain and Vida Marassi Al Bahrain, as well as […]
Bahrain hosts its 6th annual MENA Angel Investors Summit
The organizers, Tenmou in conjunction with the Economic Development Board, hosted the 6th edition of the Summit – which was aimed at showcasing Bahrain’s best practices in nurturing a thriving startup ecosystem. 30 startups from regions such as Saudi Arabia, UAE, Kuwait, Morocco, Jordan, Egypt, and Palestine attended along with more than 200 visitors. Ideas were […]
New Business Incubation Service Office Opens in Bahrain | PRIME Incubator
PRIME opens new Business Incubator Office – a low-cost, high value option for start-ups We are very pleased to announce the opening of PRIME Incubator, incorporated to enable us to offer Business Incubation & Acceleration services to new companies setting up in Bahrain – a new concept approved by the Ministry of Industry & Commerce. […]
New Project Awarded to UK-based Specialist Ordnance Survey International
‘Under the land’ mapping of Bahrains utilities is now being done by UK-based specialist, Ordnance Survey International (OSI), aimed at improving the accuracy of the their location. OSI is working with the partner Ministries such as the Survey and Land Registration Bureau (SLRB), the Electricity and Water Authority (EWA), the Ministry of Works, Municipalities Affairs, […]
