Health e-passport introduced for travel between Bahrain and Saudi Arabia.
The Saudi Authority for Data and Artificial Intelligence and Bahrain’s Information and e-Government Authority have introduced a health e-passport which integrates the information contained in Saudi’s Tawakkalna app and Bahrain’s BeAware app. Designed to facilitate the movement of citizens and residents travelling on King Fahd Causeway, the e-passport will link with border systems and will […]
New development for Bahrain’s southwest coast.
A new 1.3 million sqm mixed use development located on Bahrain’s southwest coast has been approved as announced by Bahrain Mumtalakat Holding Company. The Bilal Al Jazayer mixed use coastal city will embrace green and clean technologies including buildings being designed in such a way to reduce electricity consumption and heat, water recycling and using […]
‘Golden Visas’ introduced in Bahrain.
Bahrain’s Ministry of Interior announced the introduction of the Golden Residency Visa for residents and non-residents as long as certain criteria are met. The visa, valid for 10 years, is renewable and allows residency rights for close family members. The Golden Visa has been introduced to attract investors, highly talented individuals, and contribute to the […]
Aluminium Bahrain to reduce it’s carbon footprint using decarbonisation technology.
Aluminium Bahrain (Alba) has signed an MOU with Mitsubishi Heavy Industries EMEA (MHI EMEA) to explore opportunities to reduce Alba’s carbon footprint. It will look at technologies developed by MHI EMEA to capture CO2 from flue gas to reduce Alba’s plant emissions for decarbonisation. This will greatly contribute to achieving the Kingdom’s Net Zero and […]
Increase in Bahrain’s VAT will be implemented from 1 January 2022
The Shura Council in Bahrain approved amendments to the 2018 VAT law meaning the current 5% VAT rate will increase to 10% from 1 January 2022. The Shura Council also approved an increase in social welfare support allowances by 10%. The VAT increase is expected to net up to BD490m through full VAT implementation and […]
Bids received for the demolition of the old airport terminal in Bahrain.
Several contractors have submitted their bids to demolish the old terminal building at Bahrain International Airport. The demolition forms part of the airport’s modernisation programme and includes demolition of the remaining portion of the existing terminal building along with the associated facilities. To read more click here.
Saudi Arabia to invest $5 billion in Bahrain projects.
Saudi Arabia’s Public Investment Fund (PIF) has committed to investing $5 billion in projects in Bahrain, which could include investing in the $30 billion in projects that Bahrain announced in November. The Strategic Projects Plan comprises 22 projects across different sectors, including 5 reclaimed islands, a new 25km long King Hamad Causeway, and the Bahrain […]
New hub for European metal producer, Aleastur, in Bahrain.
Aleastur, a leading European metal producer has opened its first overseas facility in Bahrain and will produce high quality aluminium alloys to be used for different purposes across various industries. The $15 million facility will export approximately 85% of its annual production regionally and will also supply markets in South East Asia, North America and […]
Tenders invited for a 5 MV solar power plant in Bahrain.
Aluminium Bahrain B.S.C (Alba) plan to develop a 5 MV solar power plant across its operational areas and carparks and have invited tenders for the design, construction and commission. The closing date for tender submission is January 31st, 2022. To read more click here.
Strategic Projects Plan for Bahrain to stimulate post pandemic growth.
$30 billion will be invested into 20 new multi-year projects that will stimulate and enhance Bahrain’s economy post pandemic. Industries targeted include telecommunications, tourism, education, manufacturing and health. Also included are the creation of new cities, a metro system, a multi purpose indoor sports arena and next generation cloud computing services. The plan will contribute […]
