Bahrain ranks 2nd in MENA and 3rd globally in Islamic Finance

The Kingdom of Bahrain ranked second in MENA and third globally in Islamic finance, one of the key areas in the 2022 State of the Global Islamic Economy Indicator by DinarStandard, a growth strategy research and advisory firm empowering organizations...

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Central Bank of Bahrain issues revised Collective Investment Undertakings regulations

The Central Bank of Bahrain (“CBB”) has conducted a comprehensive review of its Collective Investment Undertakings (“CIU”) regulations governing the mutual funds industry as part of the CBB’s wider strategy to conduct a comprehensive review to the whole financial sector...

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Arla Foods completes $63mn Bahrain production site expansion

Arla Foods’s yearly production has increased from 20,000 tonnes to 80,000, producing Puck and Kraft processed cheese and sterilised cream products This content was published on Construction Week. Arla Foods, European dairy cooperative, completed its $63mn production site expansion in...

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Under the patronage of H.E. Jameel Ben Mohamed Ali Humaidan: talabat announces the establishment of...

This is a result of a joint initiative between talabat, Ministry of Labor and Social Development, Tamkeen and the Bahrain Economic Development Board The center will generate 1,000 employment opportunities for Bahrainis over two years with the support of tamkeen....

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Binance awarded crypto-asset service provider license in the Kingdom of Bahrain

Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announces that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). This landmark achievement for Binance represents its first license as a crypto-asset...

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Bahrain among top 15 markets worldwide in the Agility Emerging Markets Logistics Index

The Kingdom of Bahrain ranked 15th overall among the world’s most competitive emerging markets and fifth in the area of business fundamentals, according to the 2022 Agility Emerging Markets Logistics Index. The Index ranks 50 countries by factors that make...

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Bahrain ranks 1st in MENA for financial, investment, and trade freedom according to the Heritage...

According to the 2022 Index of Economic Freedom published by the Heritage Foundation, Bahrain ranked first in MENA for financial, investment, and trade freedom. Amongst MENA countries, Bahrain ranked 4th for overall economic freedom. According to the report, Bahrain’s “overall...

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Tap Payments grows client base by 60% in a year as global firms seek to...

GCC-based fintech, launches in Bahrain to expand its regional operational hubs in the MENA region. Enables 80% of the region’s consumer payments through highly adopted country specific local payment networks with a unified relationship, technology and clearing process. Resolves the...

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Bahrain’s real estate transactions jump 46% in 2021

Bahrain real estate transactions reach US$2.8 billion compared to some US$1.9 billion in 2020 Bahrain’s real estate transactions value rose by 46% in 2021, to US$2.8 billion (1,046,162,080 BHD), compared to US$1.9 billion (717,436,872 BHD) in 2020, according to figures...

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