Bahrain signs to implement US FACTA
Bahrain signed the US agreement to implement FACTA (Foreign Account Tax Compliance Act) to improve international tax compliance for US citizens living in Bahrain. To read more click here.
Highest Metal Production Record Achieved
Alba, one of the world’s largest manufacturers of aluminium here in Bahrain, produced it’s largest amount of metal in 2016 at 917,420 metric tonnes, up by 1.1% on 2015. To read more click here.
Bahrain to build its first LNG terminal
Construction on Bahrain’s first LNG terminal, which will be used to receive and regasify LNG, will commence this month to be completed by 2019. The project is jointly owned with Bahrain LNG, Oil and Gas Holding Company (Nogaholding) and a consortium consisting of Teekay LNG Partners, Gulf Investment Corporation (GIC) and Samsung C&T (Samsung). To read more […]
17th World Renewable Energy Conference from December 4 to 8
Bahrain is hosting the 17th World Renewable Energy Conference from the 4-8 December. Under the patronage of Electricity and Water Affairs, the World Energy Council, in collaboration with the University of Bahrain, will be organising the event. Minister Dr. Abdulhussain Mirza, will speak on sustainable energy and Bahrain’s Sustainable Energy Unit, its plans and […]
Bahrain Marina expected completion 2020
Bahrain Marina is a planned development which will stretch along pristine coastline consisting of state-of-the-art residential, entertainment, leisure and marina facilities, said Abdulrahman Yusuf Bin Yusuf Fakhro, the chairman of Bahrain Marina. It’s expected completion date is 2020. To read more click .
Bahrain to have a new petrochemical complex
Bahrain’s National Oil & Gas authority is in discussions with BAPCO, one of Bahrain’s national oil companies, to set up a joint venture to build the petrochemical complex. To read more click here.
Bahrain Visa Changes for US, UK, Canadian and Irish Nationals
Bahrain has increased the period of stay permitted for holders of the 5 year Multiple Reentry visa from 30 days to 90 days making it much easier for US, UK, Canadian and Irish Nationals to spend time in the country, aimed at boosting tourism. It has also announced the launch of 2 new visit visas. […]
$5bn Expansion of Oil Refinery
BAPSO (Bahrain Petroleum Company) is expected to finalise it’s financing for the $5bn expansion of it’s oil refinery in Sitra. It is in talks with a number of credit agencies regarding the sourcing of it’s financing. To read more click here.
Bahrain to grow its IT sector
The Government is investing heavily in its IT sector to attract foreign IT companies to set up here and encourage local start-ups. To read more click here.
Construction Projects increase by 43%
The issuance of construction permits has increased by 43% in the past year proving the importance of the legal procedures the Government has taken to protect this vital sector. To read more click here.
