Global Leader Starts Operations in Bahrain
Armacell, a global leading provider of engineered foams, will start production in 2018 in their new manufacturing plant being built in Bahrain. To read more click here.
Bahrain to introduce new Investment Limited Partnership Law
Brian Howard, Partner at Trowers & Hamlins, summarised this latest news perfectly – “The addition of the new investment limited partnership law, the protected cell companies law and the new trusts law in Bahrain, opens the door to many new lines of business and investment structures not previously available and brings Bahrain›s structuring options in […]
National Health Insurance for All by 2018
The Government of Bahrain will be impmenting a new law this year which will provide medical coverage for all under the National Health Scheme. To read more click here.
ID Card to Simplify Procedures
Bahrain’s Government is issuing a new Bahrain Identity card to simplify the transaction procedures for GCC residents and investors in Bahrain. It will be available to those investors and residents who have exceeded 6 months of their residency in Bahrain. To read more click here.
Projects worth $533m to be signed
Projects worth in excess $533m are to be signed between Saudi Arabia and Bahrain to be spent on housing, roads, water, electricity and other infrastructure sectors. To read more click here.
ADP Ingénierie Wins Airport Traffic Control Design Tender
The Ministry of Transportation and Telecommunications (MoTT) awarded ADP Ingénierie the tender to design and perform supervision work for a new air traffic control (ATC) centre at Bahrain International Airport. “The decision of the authorities of the Kingdom of Bahrain to award ADP Ingénierie the contract for the design studies for the new ATC centre bolsters […]
Bahrain Awards $7.1bn of Tenders in January
The Awards of more than BD2.7bn were across a range of sectors including varied road, sanitary and construction projects covering different areas in the kingdom. To read more click here.
Bahrain to invest more than $7bn in next 5 years
Bahrain’s Minister of Oil, Shaikh Mohammed bin Khalifa Al Khalifa, says that Nogaholding, the investment arm of Bahrain’s National Oil and Gas Authority (Noga), has substantial expansion plans in excess of $7 billion across several separate ventures. To read more about these plans click here.
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 […]