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Bahrain is on the path of rapid economic transformation, says Minister

MANAMA, Jan. 8 -- The Kingdom of Bahrain is undergoing rapid economic transformation and continuing to attract international investment, with the logistics industry playing a major role towards this. ... Read More


EDB Bahrain attracts BD314m investments in 2018

Manama, Jan. 8 -- The Bahrain Economic Development Board (EDB), an investment promotion agency with overall responsibility for attracting investment into the Kingdom, attracted 92 companies and invest... Read More


Cabinet exempts 1400 essential services from VAT

Manama, Jan. 1 -- In line with HM the King's directives to consider citizens' needs through exemptions and non-application of VAT on basic goods and services, the Cabinet approved a memorandum submitt... Read More


Over 100 UHNWIs to attend 4th Dubai Family Office Forum

DUBAI, Dec. 29 -- The Dubai Family Office Forum will reveal investment trends as it holds its 4th edition on 5-6 February 2019 at The Palace Downtown in Dubai, United Arab Emirates. Around 115 ultra-h... Read More


CBB confirms VAT exemptions for banking, financial services

MANAMA, Dec. 29 -- The Central Bank of Bahrain (CBB) has confirmed exemption of Value Added Tax for the Financial Sector and Banking Services ahead of VAT kick off on January 1st, 2019. The Central B... Read More


Bahrain's tourism sector surge 6% in 2018, robust forecast for 2019

Manama, Dec. 29 -- The tourism sector has witnessed a growth of 6 per cent reaching 10.3million visitors in 2018 compared to 9.7 million in 2017. HE Zayed Al Zayani, Minister of Industry, Commerce an... Read More


Kanoo Machinery hosts Hitachi Open Day

Manama, Dec. 23 -- Kanoo Machinery a fully owned business division of Yusuf bin Ahmed Kanoo (YBA Kanoo) Group hosted Hitachi's Open day in its Sitra premises. Hitachi a Japanese manufacturer of heavy ... Read More


Zain Bahrain marks 15th anniversary with exciting offers

Manama, Dec. 23 -- Zain Bahrain, a leading telecommunications provider in the Kingdom celebrates its 15th anniversary with success by rewarding its existing and new customers with value-added offers s... Read More


Clifford Chance advises ENGIE on $1.31b Al Dur transaction

MANAMA, Dec. 23 -- Clifford Chance has advised ENGIE, a world leader in the energy transition, on the refinancing of the Al Dur Power and Water Project in Bahrain. Awarded in 2008 to a consortium of E... Read More


IIFM facilitates trade flow in the cross-border markets

Manama, Dec. 23 -- The 39th meeting of the Board of Directors of the International Islamic Financial Market (IIFM) was convened in Bahrain and was attended by representatives from its founding and per... Read More