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Jarir Bookstore to open in Bahrain with an investment of around USD 10 million (BHD 4 million)

Manama, Bahrain – 21 April 2019: Jarir Bookstore, one the largest retail stores in the GCC, announced that it will open its first branch in Bahrain. The new branch will anchor a project now under construction by First Bahrain Real Estate Development Company (First Bahrain) in Seef District. Jarir COO Mr Nassir Al Ageel noted … Continued

Bahrain Economic Development Board announces the launch of Beehive Bahrain Limited W.L.L.

– Launch will unlock new opportunities for start-up’s and investors in Bahrain and across the region – Manama, Bahrain, 4 March 2019: The Economic Development Board of Bahrain (EDB) and Beehive today announced the launch of Beehive, a debt-based crowdfunding platform, in Bahrain which will open up new funding avenues for SMEs and help drive … Continued

Bahrain Creates History as First Nation to Enact UNCITRAL Model Law on Electronic Transferable Records

– New wave of legislations includes Electronic Communications and Transactions Law – – Ground-breaking reforms to bridge trade and finance seamlessly, strengthen Bahrain’s digital economy – In a global first, Bahrain has enacted the Model Law on Electronic Transferable Records (MLETR), developed by the United Nations Commission on International Trade Law (UNCITRAL). The move is … Continued

Steve Wozniak to Speak at Annual GCC Financial Forum

– Conference to run from 26 to 27 February 2019 – – Landmark event to discuss the disruption of finance in the region and around the world – Manama, 3 December 2018: Steve Wozniak, co-founder of Apple, has been announced as the keynote speaker of the eighth annual GCC Financial Forum. Co-hosted by Euromoney and the Bahrain … Continued

Bahrain Surges as Welcoming Business Destination in 2018 HSBC Expat Explorer

– Annual global survey influences business leader decision-making about relocation and business set up by evaluating perceptions across key indicators. – – Bahrain’s global ranking improves from nine to five. – – Economic indicators, including career opportunities, local economics and personal finance drive Bahrain to number one ranking for expat satisfaction in MENA. – Manama, … Continued

KMPG report highlights Bahrain’s competitive advantages in doing business in the GCC

– The report reveals that Bahrain is leading the GCC region in cost competitiveness for doing business and living- -Specific measures include Tamkeen covering 100% of the hyperscale data centre subscriptions for 18 months for companies registered in Bahrain- -Bahrain’s utility costs are 25% cheaper than the average in the GCC- -Bahrain enjoys a cost … Continued