TIER Mobility has Introduced e-bikes for the First Time in the Middle East
TIER, Europe’s leading provider of shared micro-mobility solutions, has launched its first fleet of e-bikes in the Middle East. Bahrain is the first country in the Middle East to receive TIER’s e-bikes, which are now available in prominent locations across Diyar Al Muharraq, complementing the existing mobility offer of TIER’s e-scooters. The introduction of latest […]
GFH’s shareholders approve $60mln dividends
The ordinary general meeting (OGM) of GFH Financial Group has agreed on a dividend distribution of $60 million for 2021. The dividends include cash profits for all ordinary shares of 4.57% of the nominal value, equivalent to $45 million, according to a press release on Sunday. Meanwhile, the company will distribute bonus shares of 1.5%, […]
Alba launches month-long Ramadan SHE Campaign
Aluminium Bahrain B.S.C. (Alba), the world’s largest smelter ex-China, launched its month-long Ramadan Safety, Health and Environment (SHE) Campaign ‘Responsible at all times’ today 04 April 2022 with the aim to furthering employees and contractors’ awareness on staying safe, healthy and productive during the Holy Month. Alba’s Chief Executive Officer Ali Al Baqali opened the […]
Gulf Air signs co-operation agreement with Texel Air
Gulf Air, the national carrier of Bahrain, has signed an agreement with Texel Air, a Bahraini registered airline and MRO, to explore cooperation opportunities including charter agreements, engineering and maintenance activities. The memorandum of understanding (MoU) was signed by Captain Waleed AlAlawi, Acting Chief Executive Officer of Gulf Air and John Chisholm, Chairman of Chisholm […]
Bahrain real estate market sees ‘encouraging signs’
Online real estate platform Property Finder has spotted encouraging signs in Bahrain’s real estate market, as it gathers momentum on the back of a continued increase in the number of transactions. According to the firm, while the price index in the market will take some time to find stability, the fact that a rebound has […]
Shoppers hit by spike in food prices in Bahrain
Shoppers in Bahrain have been hit by a Ramadan spike in food prices and traders, shops and supermarkets have issued a ‘don’t blame us’ notice. The hope is that the sudden increases are only a temporary blip caused by a combination of global factors but MPs will be urgently debating measures to protect the most vulnerable. […]
Bahrain is all set for new date with history in date farming
Bahrain is seeking to join the new International Dates Council in a bid to promote the fruit and revive its old name – the island of a million palm trees. An urgent legislation to have Bahrain enrolled under the Saudi Arabia-based council has been referred to Parliament by His Royal Highness Prince Salman bin Hamad Al […]
New flats to replace rundown buildings in Bahrain
A total of 240 government apartment buildings in a dilapidated state will be demolished to pave way for modern housing projects. The apartments – comprising 1,736 housing units ranging from 67sqm to 116sqm – were built between 1976 and 1981 in Umm Al Hassam, Sanabis, Muharraq, Busaiteen, Hidd and Isa Town and have worn out with […]
Bahrain’s GHG announces Georgia venture
The Gulf Hotels Group (GHG) has announced its first hotel project in Georgia, with the signing of a management agreement to operate the 4-star, Gulf Aquamarine Hotel in Tbilisi, on behalf of N&G Company, Gino Holding. Renowned across the GCC Region for providing top class hospitality, the group will deliver its trademark luxury standards in […]
Bahrain’s F1 strategy pays off; yields economic benefits
Bahrain was first to build a track and host a Formula One (F1) race in the region, but there was competition. UAE, Egypt and Lebanon were all potential alternative candidates, but in 2002 the FIA came calling and Bahrain beat their internal competition, as a result of a firm commitment to deliver a race by […]
