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EDB: No Corporate or Income Taxes on Foreign Companies
2021-03-25
The Bahrain Economic Development Board, general body responsible for developing and supervising Bahrain's economic development strategy, is promoting to companies abroad that they don't have to pay corporate and income taxes.
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Why Did Samir Nass Wash Hands of this Study?
2020-06-25
Anyone reading the statement of BCCI president Samis Nass published in Akhbar Al-Khaleej newspaper will ask about the study he is talking about and why is he washing his hands of it?
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Mumtalakat External Investments Unannounced Losses due to Pandemic
2020-05-29
Bahrain's Mumtalakat has 34% investments abroad, some of which are in sectors that have been extensively affected by the Coronavirus pandemic, however, the company did not disclose the extent of the damage in its investments.
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Results Completely Contrary to Finance Minister Statements... Public Debt Exceeds BD12 Billion for the first time
2019-10-22
Has Bahrain lost control of its public debt? The sharp rise in government debt can't be attributed only to the fall in oil prices, but also to several other factors, most notably the political turmoil and failure of the government's economic policies.
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Who's Minister Al-Zayani Trying to Deceive?
2019-10-09
What comes to mind when hearing the term "foreign investor"? You would not be the only one to think that a foreign investor is someone who would build medical production complexes or video game companies or someone with a large bank account.
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Crown Prince Restructures Economic Development Board
2019-08-06
The Crown Prince issued edict restructuring the Economic Development (EDB) board of directors.
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Bahrain Launches Program to Support 100 Arab Start-Ups Companies, including 27 from Jordan
2019-04-08
Bahrain rolled out a new program of support for the 100 Arab start-ups shaping the Fourth Industrial Revolution, at the recently concluded World Economic Forum on the Middle East and North Africa which concluded its work in Jordan on Sunday (April 7, 2019).
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Central Bank Encourages Banks in Bahrain to Merge, Rasheed Al-Maraj
2019-02-23
The Bahrain Central Bank Governor, Rasheed Al-Maraj, said that the Bank is actively encouraging financial institutions to merge and he expects more consolidation in to happen in the future.
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Saudi Investments in Bahrain Amount to 2.3 Billion BD
2018-10-10
Chief Executive of Bahrain Economic Development Board Khalid Al-Rumaihi said that the size of Saudi Arabia investments in Bahrain reached about 20 billion Saudi Riyal (2.3 billion BD out of the total investments), according to numbers published by the ministry of industry.