Al Bayrooni launches first stand-alone kidney treatment centre in Bahrain

With support from the Bahrain Economic Development Board (EDB), Al Bayrooni Dialysis, Bahrain’s first stand-alone dialysis centre for treating kidney diseases and conditions, has launched in Bahrain with a US $1.4M+ facility. The centre includes a full-spectrum of high-quality kidney care services focused on the needs of End-Stage Renal Disease (ESRD) patients. It is dedicated […]

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FDI inflows to Bahrain increase by 73% in 2021, surpassing global average

Bahrain’s Foreign Direct Investment (FDI) inflows increased by US$1.766 billion in 2021, marking a 73% year-on-year increase and surpassing the global FDI average growth, according to the 2022 World Investment Report issued by the United Nations Conference of Trade and Development (UNCTAD). According to the report, the Kingdom’s inward FDI stocks increased by 6% from […]

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Bahrain Ranks 1st in Ground and Port Infrastructure according to WEF’s 2021 Travel and Tourism Development Index

Bahrain ranks first amongst Arab countries and second in MENA in Ground and Port Infrastructure, according to the World Economic Forum’s 2021 Travel and Tourism Development Index. The report also highlighted strong placements for Kingdom, including ranking 12th globally in business environment. Amongst GCC countries, Bahrain ranked second in the following areas: travel and tourism […]

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China’s iCOOL sets up a US$10.7 million manufacturing facility in Bahrain to serve Middle East, US and European markets

Investment expected to create 150 jobs and generate over US$31 million in revenue in first year of operation KKC Industries WLL (iCOOL), a Chinese manufacturer of heating, ventilation and air conditioning (HVAC) products has launched a US$10.7 million manufacturing facility in Bahrain. Through its operations in Bahrain, iCOOL will produce and export air conditioning insulation […]

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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 for profitable and responsible global impact. The indicator measures the development of the Islamic economy […]

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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 regulatory framework.  The new framework acknowledges the demands placed by the fast-paced changes in the […]

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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 Bahrain, to increase capacity as part of its long-term plan for the country. Yearly production […]

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Under the patronage of H.E. Jameel Ben Mohamed Ali Humaidan: talabat announces the establishment of one of the largest regional local shared services centers in Bahrain, providing 1,000 jobs in Bahraini’s

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. The center will serve talabat customers in the region Manama, Kingdom of Bahrain — ** […]

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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 provider in The Cooperation Council for the Arab States of the Gulf (GCC) and demonstrates […]

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