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Tag: Bahrain

Posted on December 22, 2024

Bahrain’s oil and gas sector: Over 90 years of sustainable legacy

The oil and gas sector stands as a cornerstone of Bahrain’s economy, contributing 14.5% to the Kingdom’s GDP in the first half of 2024, according to a report by the Ministry of Finance and National …
Posted on December 21, 2024

Sunset boosts global portfolio with 220-key premium Bahrain property

Sunset Hotels & Resorts said it will be boosting the METT Hotel & Residences portfolio in 2025 with the opening of a branded property in Bahrain on Amwaj island along with Isola Beach and Raise …

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Posted on December 21, 2024

Hilton to debut Waldorf Astoria in Bahrain with landmark Bahrain Bay property

Hilton has unveiled plans to bring its iconic Waldorf Astoria brand to Bahrain, marking the luxury chain’s debut in the Kingdom. The upcoming Waldorf Astoria Bahrain Bay will be situated in the …

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Posted on December 19, 2024

Sheraton opens newly-revamped hotel in Bahrain

Sheraton Bahrain Hotel was inaugurated by Shaikh Khalid bin Abdullah Al Khalifa, the Deputy Prime Minister, coinciding with Bahrain’s National Day celebrations and the 25th Anniversary of His Majesty …

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Posted on December 19, 2024

Mongolia keen to boost relations with Bahrain

Mongolia plans to tap into Bahrain’s expertise as a regional financial hub, with proposals for reciprocal visits and knowledge-sharing initiatives in fintech and financial systems …
Posted on December 19, 2024

Bahrain’s central bank cuts overnight deposit rate by 25 bps, statement says

The Central Bank of Bahrain on Wednesday cut its overnight deposit rate by 25 basis points to 5% from 5.25%, effective from Dec. 19, according to a statement.
Posted on December 17, 2024

UAE Middle East’s most economically competitive country in 2024: IMD

In the IMD World Competitiveness Yearbook 2024, the UAE climbed three places to seventh in the world, out of 67 countries. Saudi Arabia ranked at 16th, Bahrain at 21st, Kuwait at 37th, Jordan at 48th …
Posted on December 17, 2024

UAE Middle East’s most economically competitive country in 2024: IMD

In the IMD World Competitiveness Yearbook 2024, the UAE climbed three places to seventh in the world, out of 67 countries. Saudi Arabia ranked at 16th, Bahrain at 21st, Kuwait at 37th, Jordan at 48th …
Posted on December 17, 2024

Waldorf Astoria set for Bahrain debut with 120-key property

A refined haven in the heart of the city, Waldorf Astoria Bahrain Bay will feature 120 elegantly designed rooms and apartments and is slated to open in 2028.

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Posted on December 17, 2024

Waldorf Astoria Hotels & Resorts set to make Bahrain debut

Slated to open in 2028, Waldorf Astoria Bahrain Bay will offer a prime location, luxurious accommodation and anticipatory service next to The Avenues – Bahrain …

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