Bahraini Minister of Interior Sheikh Rashid bin Abdulla Al Khalifa said on Tuesday the 'Arabian Gulf' suffered losses of more than $100 billion as a result of the first and second Gulf Wars, and getting classified as a 'region...
The year 2011 has shown that revolutions are not events which are read in history books, but which can be witnessed live right in our backyard. The Arab Spring has opened the doors for pro democracy movements around the...
Bahraini government has signed agreements with Saudi tycoon Prince Alwaleed bin Talal paving the way to move his Rotana news and entertainment company from Cairo to the Gulf island state, the official Bahrain News Agency reported on Wednesday. The move...
Bahraini Minister of Energy Abdul Hussein Mirza said in an interview that $100 per barrel is reasonable price for crude oil. Mirza, interviewed by state-controlled Kuwait News Agency (KUNA), explained that states are investing heavily into the energy sector as...
Official data suggests that Bahrain is struggling to cope with its widening budget deficit, which has now grown to about 2 percent of GDP in 2012. During 2012, the country’s deficit swelled seven times to BD227 million (USD 601 million)....
8 January 2012, Bahrain - Research In Motion (RIM) (NASDAQ: RIMM; TSX: RIM) today announced the launch of the new BlackBerry? Bold? 9790 smartphone in Bahrain. The powerful BlackBerry Bold 9790 features a compact design and offers users a...
Rotana Jet continues Middle East expansion with flights to Bahrain, from Abu Dhabi. Twice-weekly flights connect Kingdom of Bahrain with Abu Dhabi's Al Bateen Airport. Rotana Jet today announced twice-weekly flights between Abu Dhabi Al Bateen Airport and the Kingdom of...
A Bahraini central bank official said on Wednesday it is planning to issue a $1.25 billion bond in the second or third week of June. The official told Reuters on condition of anonymity that the conventional bond will have a tenor...
PRESS RELEASE 3BL Associates Launches First Annual Bahrain Responsible Business Survey Manama, Bahrain: 3BL ‘Triple Bottom Line’ Associates (3BL)— a Bahrain-based social impact consultancy and think-do-tank, will be conducting the first annual Bahrain Responsible Business Survey to identify the understanding of...
Office and residential rental rates remain stable with renewed interest in commercial sales transactions Bahrain’s economic growth showed positive signs in the first quarter as oil outputs were revived; employment in the kingdom also rose significantly over the last year,...
Half-year results show that restructuring efforts at Gulf Air are bearing fruit as the struggling airline posts strong financial and operational performance. Led by the new Chairman Shaikh Khalid bin Abdulla Al Khalifa, Gulf Air has recorded its best first...
EIU's report on Business Environment in GCC Countries indicates quite a revelation even as the region continues to display positive economic trends As country after country across the globe found itself plummeting from the pedestal of business and economic security,...
The housing crisis in Bahrain has hit a new peak, with new figures suggesting that almost half of all Bahrainis have been on a government waiting list for state-provided housing for around two decades. According to a government source, an...
PRESS RELEASE Manama, Bahrain: 3BL ‘Triple Bottom Line’ Associates (3BL)— a Bahrain-based social impact consultancy and think-do-tank, has announced a media partnership with Arabic [email protected], the online journal of the Ivy League Wharton School of Business, for the first annual...
A new government report celebrates the success of tourism, services and telecommunications sectors driving the growth of Bahrain’s economy over the last decade. Titled Drivers of Economic Growth 2000-2011 the report by Economic Development Board (EDB) highlights the country's strong growth...
Bahraini Oil Minister Abdul Hussein Ali Mirza announced Monday plans to invest $15bn to develop crude oil and natural gas resources during the next two decades. The island state wants to expand its gas-output capacity to 2.7bn cubic feet per...
A senior Bahraini government official revealed the country's budget deficit has ballooned up to five-times in the last 10 years. He added that the figure stood at 1.8% in 2002 and is expected to reach around 9.7% by the end...
  The Kingdom of Bahrain is mulling a new law that would make cybersex crimes punishable and could lead fines of up to USD 260,000. The law is targeted against internet users who attempt to extort money from young women by...
Statistics for commuter traffic for February, released by the International Air Transport Association (IATA), showed a surge in the demand for the aviation transportation with a percentage increase of about 5.4 percent. This increase has been placed in context...
According to Dr. Jarmo Kotilaine, Chief Economist at the Bahrain Economic Development Board (EDB) sustained economic growth in Bahrain is possible via productivity growth in the trade sector. Speaking at a seminar hosted by the EDB and the Centre for Research at...
  Bahrain’s plans to make significant improvements to the kingdom’s communications infrastructure received a setback as a court has ordered a halt to the bidding process for the 4G radio spectrum. The auction of radio spectrum for next-generation telecom networks has...
"You can print money, manufacture diamonds, and people are a dime a dozen, but they'll always need land. It's the one thing they're not making any more of." -- Lex Luther, in Superman Returns, back in 2006. Looks like Lex...
Top cardiologists from Bahrain traveled to Dubai to kick-off Gulf COAST, first-of-its-kind study focusing on Gulf citizens, to address questions about heart disease, the region?s #1 killer On November 25 and 26, Bahraini cardiology experts took part in a meeting...
GCC economies must invest in exports to reduce dependence on commodities Falling oil prices will pose a challenge to GCC hydrocarbon exporters unless governments step up their diversification efforts and develop more export industries, according to a new report by...
06 December, 2011, Manama, Bahrain ? Research In Motion (NASDAQ: RIMM; TSX: RIM) today announced the availability of the new BlackBerry? Curve? 9380 smartphone in Bahrain, the first-ever BlackBerry? Curve? smartphone with a touch display. This sleek and stylish...
Gulf Air, the Bahrain-based carrier, is undertaking drastic measures to restructure operations and cut jobs to revive competitiveness. The company’s plan to lay-off about 15 per cent of it's staff and close four more routes in January have annoyed...