World’s 3rd largest freight forwarder DSV opens regional logistics hub in Bahrain Logistic Zone

14,000 sqm facility expands capabilities in key market DSV, the world’s third-largest freight forwarder and leading global logistics provider opened a 14,000 square metre logistics facility in Bahrain Logistics Zone in Hidd to expand its warehousing capabilities in the area. The new facility supports contract logistics with ambient, chilled and frozen storage, as well as […]

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Tamkeen Announces a Pitching and Fundraising Training Program for Bahraini Entrepreneurs “StartUp Bahrain Pitch”

The Labour Fund (Tamkeen) announced the launch of a new series of entrepreneurship training programs under the name “StartUp Bahrain Pitch”, that focus on the fundamentals of fundraising and pitching to investors with the aim of empowering Bahraini entrepreneurs to secure the funds required to grow their startups. These programs are the result of a […]

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Binance.bh goes live in Bahrain

Bahrain users can now access newly launched and fully regulated binance.bh for making transactions related to crypto assets in local currencies by connecting bank accounts with binance.bh account Collaboration with regulated entities continues to be the cornerstone of Binance’s expansion plans in the Middle East Binance, the leading global blockchain services provider, announced today the […]

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HRH the Deputy King chairs EDB Board Meeting

The Deputy King, His Royal Highness Prince Salman bin Hamad Al Khalifa, today chaired the EDB Board of Directors Meeting to review the developments of the Economic Recovery Plan and the latest economic indicators. His Royal Highness highlighted the Kingdom’s commitment to enhancing competitiveness and providing quality opportunities for citizens, in line with the Kingdom’s […]

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As part of the strategic collaboration with the Economic Development Board Tamkeen Supports the employment of around 120 Bahrainis in GIG Gulf as part of the company’s plan to expand their regional headquarters in Bahrain

The Labour Fund “Tamkeen” announced its support for GIG Gulf, previously known as AXA Gulf Insurance, towards the recruitment of around 120 Bahrainis. This is in line with Tamkeen’s mandate of empowering individuals to become the employee of choice locally and internationally. GIG Gulf offers talented Bahrainis the opportunity to obtain greater exposure and acquire […]

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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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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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