EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
TelecomSaudi Telecom Company launches new brand across Middle EastPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 The brand has been launched in Saudi Arabia, Bahrain, and Kuwait... Read more
EconomyQatar’s budget for 2020 largest in five yearsPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The country plans to spend 1.9% more in 2020 than it did last year... Read more
BankingNBB to acquire 100% of Bahrain Islamic Bank’s paid up sharesPritam BordoloiNovember 27, 2019 by Pritam BordoloiNovember 27, 2019 On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares... Read more
TelecomZain launches MENA’s first 5G roaming servicesPritam BordoloiNovember 26, 2019 by Pritam BordoloiNovember 26, 2019 The 5G roaming services are now available in Kuwait and Saudi Arabia... Read more
FinanceBahrain government epayments increase by 29% in third quarterPritam BordoloiNovember 6, 2019 by Pritam BordoloiNovember 6, 2019 445, 000 financial transactions were carried out during the period which amount to $121.25 mn... Read more
Real EstateBahrain’s new real estate valuation systems to protect investorsPritam BordoloiOctober 23, 2019December 2, 2019 by Pritam BordoloiOctober 23, 2019December 2, 2019 The country has adopted the Bahrain Valuation Standards and Bahrain Property Measurement Standards... Read more
Real EstateHuman capital makes Bahrain top destination for proptechPritam BordoloiSeptember 19, 2019November 4, 2019 by Pritam BordoloiSeptember 19, 2019November 4, 2019 Friendly business environment and digital infrastructure in Bahrain give the country an edge in the MENA region... Read more
BankingNBB: No decision made on Bahrain Islamic Bank offerInternational Finance DeskAugust 23, 2019December 16, 2019 by International Finance DeskAugust 23, 2019December 16, 2019 National Bank of Bahrain is in talks with Islamic Development Bank to acquire its 14.42 percent stake in Bahrain Islamic... Read more
SMEHow Bahrain is providing a fillip to SMEs and entrepreneursInternational Finance DeskApril 3, 2018February 27, 2020 by International Finance DeskApril 3, 2018February 27, 2020 In a bid to diversiify its economy, Bahrain is taking steps to improve its startup ecosystem with the launch of a new funding and training initiative meant for entrepreneurs and SMEs... Read more