HRH the Crown Prince and Prime Minister meets the Founder and CEO of Binance
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today met with the Founder and Chief Executive Officer of Binance, Chanpeng Zhao, at Riffa Palace. His Royal Highness highlighted that the Kingdom’s financial services and digital technology sector continues to develop and has created quality opportunities for Bahraini citizens. […]
Education Minister receives delegation from Bahrain Scouts and Guides Fellowship
Education Minister and Chairman of the Bahrain Scouts Association, Dr. Majid bin Ali Al-Nuaimi, received a delegation from the Bahrain Scouts and Guides Fellowship, led by Ahmed Ameen Al-Khaja, following the formation of its new Board of Directors. During the meeting, the future plans of the Bahrain Scouts and Guides Fellowship were reviewed. Dr. Al-Nuaimi […]
Bahrain condemns terrorist bombings in Afghanistan
The Kingdom of Bahrain has strongly strong condemned of the recent terrorist bombings in the Islamic Republic of Afghanistan, which targeted a school and an educational centre in Kabul, a mosque in Mazar-i-Sharif and another in Kunduz city, killing and wounding dozens. In a statement, the Ministry of Foreign Affairs strongly denounced such criminal acts, […]
HH Shaikh Mohammed bin Salman opens the 48th Bahrain Annual Fine Arts Exhibition
On behalf of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, His Highness Shaikh Mohammed bin Salman bin Hamad Al Khalifa, opened the 48th Bahrain Annual Fine Arts Exhibition this evening, at the Bahrain National Theater. On behalf of HRH Prince Salman bin Hamad, HH Shaikh Mohammed bin […]
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, […]