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» Economics
  • VIVA Says It’s Ready to Run Fifth Generation Service (5G) in Early 2019
    2018-05-30

    VIVA Bahrain will be geared up for fifth generation or 5G telecom services by the year-end or early next year when the kingdom’s telecom regulator makes spectrum available, according to the company’s chief executive Ulaiyan Al-Wetaid.

  • British International Trade Secretary Seeks Investment Opportunities in Bahrain
    2018-05-28

    British International Trade Secretary Liam Fox said he is in Bahrain to discuss investment opportunities.

  • Bahrain Central Bank's Foreign Assets up in April from 7-Month Low
    2018-05-27

    Net foreign assets at Bahrain’s central bank, an indication of its ability to defend its currency against any market pressure, rebounded last month after dropping to a seven-month low in March, central bank data showed on Thursday.

  • Bahrain Government Seeks Deal with Parliament on New Subsidy System- Reuters
    2018-05-27

    Bahrain’s cash-strapped government is in talks with parliament on a new subsidy system that would redirect some of the financial aid the government provides to its citizens, officials said.

  • Saudi Ambassador Says Trade with Bahrain Reached 3 Billion BD
    2018-05-24

    Saudi Ambassador to Bahrain Abdullah Al-Sheikh said that trade with Bahrain reached 30 billion SR, which amounts to 3 billion BD, adding that this is “a significant number”.

  • NBB Denies Imposing Charges on Cash Withdrawals from Savings and Current Accounts
    2018-05-24

    The National Bank of Bahrain (NBB) denied imposing charges on cash withdrawals from savings and current accounts for its customers across banks ATM networks.

  • Bahrain: Rental Prices Expected to Increase by 20% with VAT Implementation
    2018-05-22

    Akhbar Al-Khaleej daily said that it anticipates an increase in the rental prices and housing units by 20% once the VAT is implemented.

  • Bahrain’s Private Education Market to Hit $700 Million by 2023
    2018-05-20

    Bahrain’s private K-12 education market valued at $0.4 billion in 2017 is poised to grow to $700 million by 2023, according to a new report.

  • Bahrain Spent $1.4 Billion on Armament in 2017
    2018-05-19

    A report issued by Stockholm International Peace Research Institute (SIPRI), an international institute based in Sweden, showed that Bahrain’s spending on armament reached 4.1% of GDP.

  • TRA Collected 17 Million BD Revenues from Companies
    2018-05-15

    Official statistics showed that the revenues of Telecommunication Regulatory Authority (TRA) collected from telecommunication companies reached 17 million BD.

  • Bahrain Development Bank Appoints Indian National Sanjeev Paul as CEO
    2018-05-15

    Board of Directors of Bahrain Development Bank (BDB) announced appointment of Sanjeev Paul as Chief Executive Officer of BDB Group as of May 15, 2018.

  • Bahrain: Foreign Reserves Drops to Lowest Level at Only 533 Mln Dinars
    2018-05-15

    Bahrain's foreign assets have fallen by 49.2% in March, according to official data from the Central Bank of Bahrain.

  • 350 Thousand Indians Living in Bahrain, Death Average among Them Higher than that in Qatar
    2018-05-14

    Statistics revealed that the number of Indians living in Bahrain is 350 thousand versus 325 thousand in the UK.

  • Bahrain Chamber of Commerce Introduces System for Holding Committees Accountable and Downsizing
    2018-05-11

    Bahrain's Chamber of Commerce and Industry reduced the number of its committees from 24 permanent committees to only 10.

  • Bahrain: Livestock Company Rules out Shortage of Meat during Ramadan
    2018-05-11

    Vice President of Bahrain's Livestock Company, Yousuf Al-Saleh, has ruled out a shortage of meat during Ramadan.

  • Jaffaria Endowment Allocates 20 Million BD to Invest in 50 Real Estates Projects
    2018-05-07

    Head of Jaffaira Endowments (Waqf) Sheikh Mohsen Al-Asfour said that the endowments is studying opportunities of investment in 50 real estate projects within the coming period, indicating that the allocated budget reached 20 million BD.

  • Bahrain Needs to Rise Price of Oil Barrel to $116 to Reach Equilibrium Point
    2018-05-05

    The International Monetary Fund predicted that the Bahraini economy will grow to $40 billion in 2019 with an estimated annual growth of 3% this year and 2% in gross domestic product next year.

  • Bahrain Needs to Accelerate Budget Reforms to Sustain Economy –IMF official
    2018-05-03

    Bahrain needs to accelerate reforms to its state budget to reach a deficit level that would make its finances sustainable over the medium term, an International Monetary Fund official said.

  • Thai Ambassador: 35 Thousand Bahrainis Visited Thailand Last Year
    2018-04-30

    Thai Ambassador to Bahrain Thanis Na Songkhla said on Sunday (April 29, 2018) that 35 thousand Bahrainis visited Thailand last year.

  • Alba Says It Achieved BD 33.9 Million Profit in First Quarter
    2018-04-30

    Bahrain Aluminum Company (Alba) reported a net gain of BD 33.9 million in the first quarter of 2018 compared to BD 25.6 million during the same period in 2017, an increase of 32% year-over-year.


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