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.
Acwa Power’s Al Dur2 IWPP begins operations in Bahrain.
The Al Dur2 IWPP, an Independent Water and Power Project, has begun operating at Haya Power & Desalination Company located in Al Dur, Bahrain. Acwa
11 leading global infrastructure companies prequalified for the first phase of the Bahrain Metro System.
Bahrain’s Ministry of Transportation and Telecommunications (MTT) will procure the project as an integrated public private partnership (PPP) consisting of a prequalification followed by the
Gradual post-Covid recovery for Bahrain.
Comments made from a recent IMF mission to Bahrain stated that Bahrain’s growth is projected to accelerate to 3.4% in 2022 with non-oil GDP increasing
SIO Contribution Changes
An announcement was recently made by the SIO (Social Insurance Organisation) regarding changes to the contributions made to the SIO for Bahraini employees. (Implemented by
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
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
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.
