Egypt is gearing up to finalize two landmark agreements with Bahrain and the UAE in early 2025. These deals aim to drastically reduce customs clearance times for imports and exports to just a few …
Oman, Bahrain look forward to more partnerships
Muscat: The Sultanate of Oman and the Kingdom of Bahrain look forward to more partnerships that reflect the advanced ties between the …
Oman, Bahrain look forward to more partnerships
Muscat: The Sultanate of Oman and the Kingdom of Bahrain look forward to more partnerships that reflect the advanced ties between the …
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 …
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 …
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 …
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 …
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 …
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.
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 …