World Logistics Passport (WLP) signs with another GCC member.
Bahrain’s Ministry of Transportation and Telecommunications has signed an MOU with the WLP making it easier for Bahrain to access markets in Asia, Africa, Latin America and the Middle East. Participation means that Bahraini traders and freight forwarders will have access to a global network of benefits for more cost effective and efficient cargo trade. […]
Health passport to streamline traffic via the King Fahd Causeway.
A health passport will be launched to link the information contained on Bahrain’s BeAware app and Saudi’s ‘Tawakkalna’ app with the two kingdom’s main passport systems to ensure those travelling meet the current Covid-19 health rules. This will speed up border formalities reducing delays for those using the causeway between Saudi Arabia and Bahrain. The […]
Solar farm project for Alba.
Aluminium Bahrain (Alba) will have solar panels that will tie in to the Alba grid. Invitation for bids for the development of the solar farm project have begun and includes the survey, design, engineering and supply of solar panels. To read more click here.
Zu’bi & Partners receive top honours at the International Financial Law Review Middle East Awards 2021.
Bahrain’s leading law firm, Zu’bi & Partners, Attorneys & Legal Consultants, have received three top honours at the recent International Financial Law Review (IFLR) Middle East Awards 2021 in Dubai. Along with winning the National Law Firm of the Year, Zu’bi & Partners also won the Debt and Equity Linked Deal of the Year and […]
New growth strategy announced to enhance Bahrain’s economy.
Bahrain has announced a new comprehensive economic and fiscal plan aligning with its Economic Vision 2030. The multi year growth strategy consists of 5 pillars and represents one of the Kingdom’s largest economic reforms. It includes new labour market reforms, regulatory reforms package, strategic projects plan, priority sectors plan and a fiscal balance program update. […]
Intertek to provide quality assurance services to Tatweer Petroleum.
Intertek, a total quality assurance provider to worldwide industries, have been awarded a contract to provide specialist engineers and inspection experts to assist Bahrain’s Tatweer Petroleum. They will assist in verifying the quality and compliance of products and procedures as well as validating the safety of raw materials, products and assets. The read more click […]
The world’s first eCheque system is launched in Bahrain.
Benefit Company, a major electronic financial transaction services firm in Bahrain, will implement the world’s first electronic cheque system which will cater for individuals and corporate customers in conjunction with the Central Bank of Bahrain. The integrated electronic cheque system is available on smartphone apps via BenefitPay (for individuals) and eCheque App (for corporates), removing […]
Bahrain’s EWA set to go digital.
GE Digital have signed a multi-million dollar contract with Bahrain’s EWA (Electricity & Water Authority) which will modernize and control the electricity and water networks in Bahrain. Digitized operations will cover transmission through to distribution of services, increasing performance and minimizing outages. To read more click here.
Apple Pay is now available in Bahrain.
Apply Pay is now available in Bahrain if you are a customer of NBB, ila or BBK banks. Apple Pay launched in 2014 in the US and have been progressively rolling out their services to other countries. It allows customers to make contactless payments via their iPhone and Apple Watch and also allows for web-based […]
Bahrain’s economic recovery shown in the latest performance indicators.
The latest economic indicators have shown that Bahrain has returned to the levels recorded during 2019 before the COVID-19 outbreak. Measurements were taken from various sectors including real estate, construction, international exports and tourism, all showing solid increases. New commercial registrations also increased by 28.8% in August 2021 compared to August 2019. The recovery has […]
