January 17th, 2019 | 0 commentsA Bahrain Chamber of Commerce and Industry (BCCI) delegation led by Chairman Sameer bin Abdulla Nass paid a visit to the headquarters of the Eastern province Chamber of Industry and Commerce in Saudi Arabia. They were received by the Eastern province Chamber of Industry and Commerce chairman Abdulhakim bin Hamad Al-Ammar Al-Khaldi. The tw...
January 14th, 2019 | 0 commentsBahrain's Ministry of Works, Municipalities Affairs and Urban Planning has secured a £27.9 million ($35.5 million) loan from UK Export Finance (UKEF) for the work on a major water treatment plant being developed in co-ordination with leading wastewater specialist Bluewater Bio. Headquartered in London, Bluewater Bio is an award-winning gl...
January 9th, 2019 | 0 commentsThe Bahrain Economic Development Board (EDB) revealed it has managed to attract 92 companies to the Kingdom. Bahrain has attracted investments worth BHD 314 million ($830 million), state-run newspaper Al Ayam reported. More than 4,700 jobs will be offered in the local market over the coming three years, the board. During the first nine mo...
December 27th, 2018 | 0 commentsBahrain's works ministry has implemented more than 200 projects including those related to development of gardens, parks, beaches and walkways as part of its efforts to provide recreational facilities for the citizens and residents nationwide. Works, Municipalities Affairs and Urban Planning Minister Essam bin Abdulla Khalaf described the...
December 11th, 2018 | 0 commentsSwiss-Belhotel International, which currently manages a portfolio of more than 145 hotels and resorts worldwide, has signed a management agreement with HRR Properties for Swiss-Belsuites Admiral Juffair in Bahrain. Featuring 174 keys (studios, one-, two- and three-bedroom suites and 3 unique penthouses), equipped with outstanding faciliti...
December 10th, 2018 | 0 commentsThe Central Bank of Bahrain (CBB) has introduced on Sunday a new instrument to help local lenders in Bahrain manage their liquidity. Bahrain’s central bank has announced an interbank repurchase instrument that covers the government's securities denominated in Bahraini dinars, the regulator said in a statement, according to Reuters. A part...
December 6th, 2018 | 0 commentsBahrain Real Estate Investment Company (Edamah) said it has reached an agreement to acquire a stake in the Bahrain Car Parks Company in exchange for the transfer of the operational utilisation’ rights for a period of 99 years in one of the parking buildings owned by the company. Edamah is the real estate arm of Bahrain Mumtalakat Holding...
December 4th, 2018 | 0 commentsBahrain-based TechoSmart for IT Services, a professional ICT services and solutions provider, has signed a memorandum of understanding (MoU) with Fame Technology to explore deeper co-operation in the kingdom. The wide-ranging deal covers scope to delivering ICT solutions in the country, as well as to promote new and enhanced technologies...
November 29th, 2018 | 0 commentsInvestcorp on Wednesday announced the acquisition of several new multi-family properties in the United States. The properties, totalling six, house a combined 2,876 units, the Bahrain-based investment firm said, noting that the value of the deal was $311 million. The properties are located in major rapidly growing metropolitan areas, havi...
November 26th, 2018 | 0 commentsAdventure Cube, part of the Air Cube family of active entertainment concepts, was officially launched recently in Wadi Al Sail Mall in Bahrain. Providing thrilling activities for teens, adults and corporates, the 100% Bahraini concept was created by an experienced development team with the goal of bringing to life a new and exciting enter...
