Energy-rich Gulf Arab states could burn through all their savings in the next 15 years as worries about climate change and supply from new competitors dampen oil prices, the International Monetary Fund warned on Thursday, advising the nations to rein in their spending.

Bahrain's central bank said on Wednesday that it had decided to cut its one-month deposit rate by 15 basis points to 2.45% from 2.6%.

Institute of International Finance (IIF) said that a number of Arab countries, including Bahrain, are at risk after their public debt exceeded the Gross Domestic Product.

Bahrain’s sovereign wealth fund Mumtalakat has hired banks to arrange fixed income investor meetings ahead of a potential issue of U.S. dollar-denominated sukuk, or Islamic bonds, a document by one of the banks leading the deal showed.

The Shura Council approved on Sunday (December 15, 2019) an agreement between the National Oil and Gas Authority (NOGA) and Italian firm Eni for oil exploration and production.

Global ratings agency Standard and Poors (S&P) revised its outlook on Bahrain to positive from stable following the implementation of the government's budget-deficit-reducing measures and other reforms.

The Minister of Housing and Chairman of the Tender Board, Bassim Al-Hamer, yesterday presided over the Tender Board's weekly meeting, which discussed matters related to various government tenders. The Opening Committee of the Tender Board opened eight bids related to four tenders for four purchasing authorities.

Bahrain's Judicial Committee for the Settlement of Stalled Real Estate Projects decided to set November 28, 2019 as a date to distribute the gains of "Amwaj Gateway" projects to creditors.

China’s MSA Capital and Al Salam Bank-Bahrain SALAM.BH launched a $50 million venture capital fund on Wednesday, using Bahrain as a hub to invest in sectors such as e-commerce and financial technology in the Middle East.

Bahrain's first liquefied natural gas (LNG) regasification terminal is now expected to start operations by year-end, Teekay LNG Partners said in its quarterly financial results, later than initially expected.

The National Oil and Gas Authority (NOGA) has announced that the Oil and Gas Holding Company (nogaholding) has acquired the shares of the Government of the Kingdom of Bahrain in the Arab Shipbuilding and Repair Yard Company (ASRY).

Oil Minister Mohammed Al Khalifa said Bahrain will soon begin experimental production from two oil fields, but noted that there is a five-year time limit to start the process.

Bahrain's central bank cut all its key rates by 25 basis points, following the U.S. Federal Reserve cutting rates by the same on Wednesday.

Public debt in September increased by 752 million dinars (US$2 billion), reaching 12.045 billion dinars, according to the latest statistics issued by the Central Bank of Bahrain. This figure represents about 85% of the kingdom's GDP.

Saudi Arabia and Bahrain have signed an 11 billion Saudi Riyal ($2.93 billion) contract for the transitional phase of a bridge between the two countries, Saudi state TV Ekhbariya reported on Tuesday.

Bahrainis' investments in the Amman Stock Exchange in Jordan reached $1.7 billion at the end of September 2019, accounting for 18.1% of GCC investors' total trades.

Bahrain is making good progress on its fiscal consolidation plan and is on track to eliminate its deficit by 2022 as planned, Finance Minister Sheikh Salman bin Khalifa Al Khalifa said on Saturday.

The final account of the state for 2018, which was recently referred by the government to the House of Representatives, shows a decrease in government employees training expenses by 16% compared to the previous year.

Saudi Aramco chief executive Amin Al-Nasser hit out Wednesday at the absence of global resolve to stop attacks on more oil installations, one month after strikes on two of its facilities.