PROJECTS: Bahrain’s Ministry of Works receives 6 bids for village road design works
Bahrain’s Ministry of Works Municipalities Affairs and Urban Planning (MOW) has received six bids for the engineering consultancy services contract for village road design works. The bids were opened on 28 March 2022, according to a Bahrain Tender Board notice. The commercial bids were submitted Pan Arab Consulting Engineers ($587,289); Tashreeq Engineering Company ($497,102), Saudi […]
Bahrain’s FDI surges 5.6% to $33bln in 2021 despite Covid
Bahrain has recorded foreign direct investments (FDI) worth BD12.6 billion ($33.1 billion) for 2021 compared to BD11.9 billion ($31.2 billion), thus registering an increase of 5.6 per cent over the previous year, said the kingdom’s Information & eGovernment Authority (iGA) in a new report. The survey, conducted in collaboration with the Central Bank of Bahrain […]
Bahrain’s Asry to explore JVs with Greek shipyard
Arab Shipbuilding and Repair Yard (Asry) has signed a memorandum of understanding with ONEX Shipyards Greece under which the two will collaborate on knowledge and experience sharing in maritime repair, technology, optimisation, modernisation and explore future business opportunities. The signing of the MoU by Mazen Matar, managing director and board member of Asry, and Panos […]
Bahrain Chamber resolves 75% complaints in 2021
Bahrain’s main entity representing its trading community effectively resolved 75 per cent of complaints which it received from members last year. Bahrain Chamber’s dedicated complaints unit has yet to resolve 19pcof the business community’s problems, while work on the remaining 6pc is ongoing. The unit received 277 complaints from 404 members, of which 179 were […]
Bahrain’s SIO announces 6% retroactive pension rise deposited
Social Insurance Organisation (SIO) CEO Eman Mustafa Al Murbati announced that a six per cent retroactive pension increase of retirees from January 2021 to April 2022 have been deposited in their accounts, as per the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister. The directives align with […]
Exposure draft on Islamic financial institutions issued in Bahrain
The exposure draft of the governance standard on the revised Sharia framework for Islamic financial institutions has been jointly issued by the industry’s two leading global standard setting bodies. Developed through a collaboration between Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and Malaysia-based Islamic Financial Services Board (IFSB), the standard once finalised, […]
Bahrain bans magnetic beads over health risk factor
Bahrain’s Ministry of Industry, Commerce and Tourism has imposed a ban on manufacturing, importing or selling magnetic beads as they pose a high risk. Anyone caught in breach of ban would face legal action, as stipulated in law (9) of 2016 regarding specifications and standards, reported Bahrain News Agency (BNA), citing an edict from the Ministry. […]
HM King congratulates Queen Elizabeth II on her birthday
His Majesty King Hamad bin Isa Al Khalifa sent a cable of congratulations to Her Majesty Queen Elizabeth II on her birthday. HM King Hamad expressed his best wishes of abundant health and happiness to Queen Elizabeth II.
HRH the Crown Prince and Prime Minister congratulates Queen Elizabeth II on her birthday
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, sent a cable of congratulations to Her Majesty Queen Elizabeth II on her birthday. HRH the Crown Prince and Prime Minister expressed his best wishes of abundant health and happiness to Queen Elizabeth II.
Readout of telephone call between HRH the Crown Prince and Prime Minister and the Prime Minister of Israel
A telephone call was held today between His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and the Prime Minister of the State of Israel, His Excellency Naftali Bennett. During the call, HRH the Crown Prince and Prime Minister extended his best wishes on the occasion of Passover. Areas […]
