Search Results for: Bahrain
Middle East economies rise in doing business rankings; UAE and Bahrain among top 10 improvers
October 27th, 2016
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ...
Bahrain introduces two new types of visas to help attract more visitors and investors
May 26th, 2016
Move seeks to boost number of tourists, investors Bahrain is introducing two new types of visas and extending a third to help attract more visitors and investors to the kingdom. Under the plan recommended by the Executive Committee, chaired ...
Kingdom of Bahrain Unveils New Tourism Identity
May 5th, 2016
– ‘Ours. Yours’ launched at the Arabian Travel Market – Six representative offices will be launched in the GCC The Kingdom of Bahrain launched today its new tourism identity under the slogan of ‘Ours. Yours’ in a step to ...
Bahrain fund Mumtalakat sets up $1bn bond, sukuk programmes
November 3rd, 2014
Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise as much as $1 billion, to help refinance maturing debt next year. One of the smaller sovereign wealth funds ...
National Bank of Bahrain net profit up 7.4 per cent to BHD 28.74 million
July 22nd, 2014
The Bank recorded a Net Profit of BHD 28.74 million ($76.44 million) for the six months ended 30 June 2014 compared to BHD 26.77 million ($71.20 million) for the corresponding period of the previous year, an increase of 7.4 ...
Tonnes of fake goods worth USD 25 million seized in worldwide operations
July 18th, 2018
Pharmaceuticals, food, vehicle parts, tobacco products, clothing, and agrochemicals are among tonnes of fake goods seized in INTERPOL-led operations across four continents. Coordinated by INTERPOL between March and May 2018 in 36 countries across Africa, Asia, the Middle East ...
8 countries removed from EU tax haven blacklist
January 24th, 2018
Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns. Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and ...
Two leading MENA Fintech hubs signed region’s first FinTech agreement
January 8th, 2018
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the ...
Oil prices edges up as Saudis discuss extending supply cut
September 11th, 2017
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. News of the talks on Sunday helped offset downward ...
Gulf states are spending billions to attract tourists
April 24th, 2017
Gulf states are spending billions of dollars creating ambitious strategies to attract visitors as tourism becomes a stronger plank of their economies. This week’s Arabian Travel Market in Dubai will show the changing face of the industry as entertainment ...
