Bahrain’s GDP contracted 1.1% in the first quarter of 2020
Bahrain’s economy is likely to contract by 3.6% this year...
Tag : Bahrain
Bahrain to develop new oil reserves in the Khalij Al Bahrain basin
Bahrain will invite oil companies to explore the 2,000 sq km oil and deep gas resources...
STC Bahrain and NEC join hands to launch virtual prepaid Mastercard
The new facility will allow users carry out transactions in a much faster, safer and efficient way...
Gulf central banks cut rates to tackle slowdown caused by Covid-19
The Fed recently slashed its interest rates to nearly zero...
Bahrain mulls issuing digital version of its currency
The Central Bank of Bahrain is conducting a study on the possibilities...
UAE telco du deploys first live millimetre wave 5G site at Yas Island
The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
UAE records 23.64 mn telecom subscribers in 2019
The number of mobile phone subscribers reached around 18,278,817...
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
Oman to introduce 5% VAT in early-2021 to generate additional revenue
The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members...