Bahrain ranks highly in the latest State of Global Islamic Economy Indicator report.
In the 2022 report by DinarStandard, Bahrain ranked second in the Middle East and North Africa (MENA) and third globally in Islamic Finance. The indicator measures the development of the Islamic economy based on multiple areas and sectors. When all areas are taken into account Bahrain ranked fourth in MENA and sixth globally. To read […]
Bahrain’s foreign direct investments increase compared to 2021.
Foreign direct investments (FDI) increased by 5.6% compared to last year as reported by Bahrain’s Information & eGovernement Authority (iGA). BD12.6 billion ($33.1 billion) was recoreded this year compared to BD11.9 billion ($31.2 billion) last year. The survey measures the volume and inflows of direct investments made by key entities in different economic sectors and […]
Bahrain heading in right direction to become more sustainable and competitive.
A report by Arthur D. Little (ADL) states that Bahrain is heading towards a more sustainable and competitive future by investing in future-defining oil-proof sectors. Bahrain has the highest Foreign Direct Investment (FDI) per capita in the region backed by the country’s national strategy and infrastructure. A highly favourable investment environment and legal environment fine […]
Bahrain facility to manufacture injectable drugs.
Gulf Biotech Company (GBC) will become the first facility in Bahrain to manufacture injectable drugs. The factory was licenced by the National Health Regulatory Authority (NHRA) after fulfilling conditions relating to security, safety and quality to international standards. It will manufacture a variety of formulations such as vials, ampoules and prefilled syringes using the best […]
Personal Data Protection Authority in Bahrain announces new rules.
New rules have been announced to enhance the protection of personal data in public and private entities in Bahrain. As well as covering the way personal data is processed, the 10 orders issued by the Ministry also cover complaint submission, the confidentiality of data related to criminal proceedings and judgements, and duties of data protection […]
FintechCashier Group to create a financial gateway centre in Bahrain.
This comes as the Group announces an investment of £10 million into the Middle East and North Africa regions expanding its services to the fast growing digital payment solution merchants in this region. FintechCashier, currently in discussions with the Central Bank of Bahrain, are to open a category one investment firm and will provide regulated […]
Arla Foods operate at full capacity and invests in green energy.
Since acquisition of the plant from a previous owner in 2018, Arla Foods is now operating at full capacity producing Puck and Kraft products. Yearly production has increased from 20,000 tonnes to 80,000 tones with 95% of its volumes distributed across the MENA region. Arla has also invested in green energy investing $1.3 million in […]
Upgrade of Bahrain’s largest wastewater treatment plant completed.
Bluewater Bio has completed their second large contract at Bahrain’s biggest wastewater treatment plant located in Tubli, serving a population of 1.2 million. The company is recognised as the fastest growing water technology company in Europe and the UK. Bluewater Bio will now operate and maintain the new plant alongside another plant they installed previously […]
Construction begins on the the United States Trade Zone (USTZ).
Construction has begun on the United States Trade Zone (USTZ) located at Salman Industrial City and is expected to be operational by 2025. The trade zone will be a regional centre for trade for American companies operating in Bahrain and will include manufacturing, logistics and distribution activities. The MoU for the establishment of the zone […]
Bahrain’s largest exhibition and convention centre to open late 2022.
The centre features over 10 halls, an auditorium, almost 100 meeting rooms including royal and VIP majlis’ and also a 250 seat restaurant. Touted as being the largest venue of its kind in the Middle East, it will boost Bahrain’s position as a leading meeting and events destination while also attracting tourism investment. It is […]
