$483m Sewerage Works Commence
Abdul Karim Al Jahrami Contracting have started working on the BHD185m sewerage project to link 52 residential units to the network. To read more click here.
Bahrain wins top Middle East destination ahead of the UAE
Bahrain came out as the preferred destination for expatriates ahead of the UAE according to HSBC’s Expat Explorer 2016 report, taking 9th position globally. To read more click here.
ASRY hits record 100 rig repairs
ASRY, Bahrain’s ship and oil rig repair yard, has already reached 100 rig repairs for 2016, a milestone number since it started it’s repair diversification. To read more, click here.
Bahrain and Russia agree to expand LNG exploration
The MOU between Russia’s Gazprom and Bahrain’s National Oil and Gas Authority, has been signed which outlines the five-year programme for geological exploration offshore of Bahrain starting from 2017. TO read more click here.
1bn$ of financing deals signed with Kuwait
Bahrain has signed 1bn$ of financing deals with Kuwait towards a housing project and infrastructure works. To read more click here.
New Power Plant at Alba
Alba, one of the world’s largest modern aluminium producers in the world, has awarded GE and Gama Consortium the contract to produce it’s new power plant, taking the total to 5 once completed. To read more, click here.
Investcorp sale of 20% shares to Mubadala
Abu Dhabi’s Mubadala Development has to acquire a 20 per cent interest in Investcorp. The Executive Chairman of Investcorp, Mohammed Mahfoodh Alardhi, said “Mubadala is one of the strongest and most respected investment companies in the GCC and globally, so today’s development is a significant milestone in the institutionalization of our shareholder base. To read […]
Easier entry to Bahrain for GCC residents
Bahrain has relaxed the procedures for visitors from the surrounding GCC countries and made it possible for a 2 week visit visa to be granted online. To read more click here.
Bapco oil refinery expansion bidding launched
BAPCO, Bahrain’s state run oil refinery, plans a US$5m expansion to boost processing capacity to 360,000 barrels per day (bpd) from its current 267,000 bpd. Many multinational companies are intending to submit bids such as Japan’s JGC Corp and South Korea’s GS; Technip, Tecnicas Reunidas and Samsung Engineering; Fluor, Hyundai Engineering and Construction and Daewoo E&C; and CB&I […]
Highway Revamp – Bid Invitations
A study will be conducted, by The Ministry of Works, Municipalities Affairs & Urban Planning, on the possibility of constructing pedestrian bridges over, and the expansion of, some parts of the Janabiya and Budaiya Highways. Bids from major consultancies have been invited to conduct the study. To read more click here.
