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Tag: Bahrain

Posted on June 30, 2020

Bahrain to pay 50% of salaries of private sector staff

The extension of stimulus measures, announced by the kingdom’s Minister of Finance and National Economy … Al Khalifa added: “Until such time as we can return Bahrain to delivering strong and …

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Posted on June 30, 2020

Bahrain extends stimulus for private sector, citizens

MANAMA: Finance and National Economy Minister Shaikh Salman bin Khalifa … stimulus measures following consultation with the legislative authority and the Bahrain Chamber of Commerce and Industry.

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Posted on June 30, 2020

Formula One team McLaren takes £150 million loan from Bahrain

Supercar manufacturer McLaren, which includes the Formula One team, has secured a £150 million loan facility with the National Bank of Bahrain, according to Reuters. The COVID-19 pandemic has hit the …

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Posted on June 30, 2020

Bahrain prostitutes attempt to get intel. from US sailors – US Navy

The report noted that the claims of intelligence gathering by Bahrain prostitutes came from a a human trafficking training recording for US Navy service members arriving in the country.

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Posted on June 29, 2020

McLaren Saved by Cash Injection from Bahrain, Will Restart Production Soon

The much-needed financial aid comes as the company prepares to restart production that had been waylaid during the COVID-19 crisis.

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Posted on June 29, 2020

COVID-19: Bahrain reports 438 new coronavirus cases

Bahrain has reported 438 new cases of coronavirus, taking the overall number of confirmed infections in the kingdom to 25,705, the Ministry of Health reported earlier today. The new cases were …

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Posted on June 29, 2020

First drug factory in Bahrain starts production

Medicines boosting immunity will now be produced in Bahrain as the country’s first ever drug factory has initiated trial production. The BD5 million project by Bahrain Pharma will produce the first …

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Posted on June 29, 2020

McLaren agrees £150m loan with Bahrain bank

McLaren has agreed a £150 million loan arrangement with the National Bank of Bahrain, which will help ease concerns it had about a short term cash flow problem.

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Posted on June 29, 2020

F1 News: McLaren Group secures £150m loan from Bank of Bahrain

McLaren has agreed a £150 million loan arrangement with the National Bank of Bahrain to ease short-term cash flow problems which would have impacted its Formula 1 operation …

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Posted on June 29, 2020

Bahrain’s aviation terminal set for February completion

Transportation and Telecommunications Minister and Bahrain Airport Company (BAC) chairman Kamal Ahmed toured the Civil Aviation Affairs building, which is being restored and developed into a private …

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