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 […]
Bahrain records 681 new Covid-19 cases on Sunday
Bahrain yesterday recorded 681 new cases and 966 recoveries. This takes the total recoveries to 548,777. There are 5,993 active cases of whom 22 are being treated in hospital and four patients are critical. Bahrain has so far registered a total of 556,241 cases and conducted 9,620,989 tests. Yesterday, it conducted 4,771 tests.
Bahrain’s Tamkeen signs enterprise financing deals with six banks
Bahrain’s Labour Fund (Tamkeen) signed new strategic partnership agreements with six banks to provide a comprehensive range of financing solutions for private sector enterprises. The banks include Bahrain Islamic Bank, Khaleeji Commercial Bank, Al Baraka Islamic Bank, Kuwait Finance House, Ithmaar Bank, and Al Salam Bank. The signings are an addition to previously announced strategic […]
706 new connections to sewage network in Bahrain
A total of 706 new connections to the sewage network were activated during 2021, the Works, Municipalities Affairs and Urban Planning Ministry announced yesterday. These additions connected homes and commercial buildings to the sewage network and were distributed in the four governorates. “The delivery work was distributed in various residential blocks in the four governorates, […]
First phase of Bahrain’s Sitra bridge complete
The first phase of work on an almost BD1million reconstruction project on Bridge 17 at Umm Al Saad Avenue, near Bandar Al Dar in Sitra, has been completed. The project, designed as two bridges, will replace the current bridge with another with two lanes in either direction, plus an emergency lane, to enhance traffic movement […]
