Bahrain news, articles and comment
Your starting point for all the latest news and comment concerning business, legal and other stories and events in Bahrain and the wider Gulf region.
Bahrain based businesses will now be able to access and market software and data providers through AWS Marketplace and AWS Data exchange. AWS Marketplace simplifies the process of finding, buying and deploying software solutions and AWS Data Exchange will make it easy to find and subscribe to data products from around the world. AWS has […]
Construction of Alba’s Spent Pot Lining (SPL) treatment plant is on schedule and has progressed by more than 21%. The anticipated start of operations is expected in the first quarter of 2021 and will have the capacity to treat 30,000 to 35,000 tonnes of SPL per year. To read more click here.
Bahrain’s real estate sector has no doubt been impacted by COVID-19 but it is a good opportunity for investors to take advantage of the many incentives that developers may be offering. The Real Estate Regulatory Authority’s (RERA) regulations introduced a few years back will be tested in the next few months and is geared towards […]
Tatweer Pretroleum has awarded a multi-million dollar contract to Petrofac, a leading provider of oilfield services. Pretrofac’s Engineering and Production Services division (EPS) was awarded the contract to provide engineering, procurement, construction and commissioning of an upstream gas project in Bahrain. Petrofac has been in Bahrain since 2015 and has successfully completed several oilfield contracts. […]
Work on the Bapco Modernisation Program (BMP) is ready to begin with the construction of the temporary jetty in north west Sitra. The work is being done by TechnipFMC JV (joint venture between Technip FMC, Spanish contracting firm Technicas Reunidas, and Korea’s Samsung Engineering) with the aim of expanding the capacity of the existing Sitra […]
The guide provides general information on the VAT rules and procedures, and guidance on specific VAT treatment for supplies related to upstream, midstream, and downstream sectors. The guide should be read together with the VAT General Guide issued by the NBR. To view a copy of the guide on the NBR website click here.