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.
New Bahrain Marina to feature 5 star hotel
/in Uncategorized /by PRIME Instant OfficesThe expected completion will be in 2019 and is to be of a modern urban design. It will consist of residential, entertainment, leisure and marina facilities spreading across almost 150,000 square metres. To read more click here.
60,000sqm Public Park to Be Built
/in Uncategorized /by PRIME Instant OfficesThe 60,000 sqm park will include a tree conservation area, jogging track, playing fields, children’s play area and a sand dune park and will include scupltures by Bahraini artists. The park will be built by a Malaysian firm and will be located in Hamad Town. To read more click here.
Foreign Direct Investment Increase in 2014
/in Uncategorized /by PRIME Instant OfficesThe UN Conference on Trade and Development (UNCTAD) World Investment Report 2015 shows that FDI inflows as a percentage of gross fixed capital formation increased in 2014 to 22.4, compared with 19.3 percent in 2013. To read more click here.
6 Major Infrastructure Tenders Awarded
/in Uncategorized /by PRIME Instant OfficesThe Assistant Under-Secretary for Service, of the Municipality and Urban Planning Affairs, Mr. Ahmed Al Khayyat revealed that the ministry awarded six tenders worth BD2,893,470. In addition the ministry invited bids for 11 roads and sanitary and construction tenders worth BD4,020,108 during April of this year. To read more click here.
$30m Marriott Residence Inn project in the Water Garden City Seef signed
/in Uncategorized /by PRIME Instant OfficesThe 22 floor residential building is the first of its kind in the Water Garden City but the third for Marriott, signed between International Trading and Investment Company and the American hospitality company Marriott International. To read more click here.
GPIC profit increases to $190.2m due to record levels of production
/in Uncategorized /by PRIME Instant OfficesGPIC (Gulf Petrochemical Industries Company), based in Bahrain has seen a 2.25% increase in the companies net profit compared with 2013. The company uses natural gas to produce ammonia, urea and methanol and produced 400,000 more tonnes in 2014 than in 2013 directly leading to the increase in profits. To read more click here. […]
