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Tag: Bahrain

Posted on August 20, 2020

Bahrain’s Industry, Commerce and Tourism Ministry called on firms to comply with economic substance rules

The new rules that came into force via Resolution No. (106) of 2018 are regarding the requirements of validating the actual economic substance of traders’ activities in Bahrain. They place certain …

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Posted on August 20, 2020

After UAE-Israel deal, is Bahrain the next Arab state to move toward peace?

Bahrain was the first country to publicly welcome the new UAE-Israel peace deal, and phone calls between officials and comments from unnamed Israeli officials in Hebrew media have stirred speculation …

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Posted on August 20, 2020

Bahrain hotel sector one of hardest-hit in Middle East

Recent reports have shown that Bahrain is one of the hardest-hit Middle Eastern countries in terms of its hospitality sector. The country’s hotels have been dealing with double-digit drops in …

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Posted on August 20, 2020

Bahrain cancels mandatory 10-day quarantine for all inbound travellers

Early on Thursday morning, the Bahrain government confirmed that the mandatory 10-day quarantine will be lifted for all incoming passengers whose Covid-19 test undertaken upon their arrival in the …

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Posted on August 20, 2020

Bahrain awards $1.7bn contracts in H1 2020

Bahrain awarded 769 tenders in the first half of 2020 worth a total of $1.7 billion according to new data released by Bahrain’s Tender Board — the country’s government procurement regulator. The …

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Posted on August 19, 2020

Luxurious driving SUV GS5, widely versatile MPV GN6 launched in the Kingdom of Bahrain

On August 18, GAC MOTOR released its two latest car models, the popular GS5 and widely versatile GN6 in the Kingdom of Bahrain. Both models come in two variants, the GS5 GE and GS5 GL, and for the GN6 …

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Posted on August 19, 2020

Bahrain MPs back proposal to defer loan instalments

“There is no flow of tourism or people using the King Fahad Causeway and it means that the only source of business is local spending … The GDN reported yesterday that Bahrain’s economy is showing …

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Posted on August 19, 2020

Open Banking Is Increasingly Being Adopted by Fintech Sector in Bahrain and the MENA Region

Open Banking is increasingly being adopted by the Fintech Sector in Bahrain and the MENA Region which should streamline business operations.

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Posted on August 19, 2020

UAE-Israel agreement followed many years of discrete talks | Charlotte Observer

small business and energy/environment. At the summit, diplomats from Saudi Arabia, the UAE and Bahrain spoke of the threat Iran posed to their security and its use of Shiite proxies in Iraq, Syria, …

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Posted on August 19, 2020

Stakes Rising in Oman for Regional Financial Aid

Potential assistance for Oman from wealthier neighbors in the Gulf may not be quite the turning point it was for Bahrain two years ago.Oman’s bondholders are hoping it obtains a similar lifeline, and …

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