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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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 — ** […]

Read more

Can the Middle East produce a cyber-security firm to challenge Silicon Valley?

– Bahrain is fast emerging as the regional leader in key ICT industries, such as gaming, internationally connected data centres, and now cybersecurity – This content was exclusively published on Arabian Business Mon 30 August 2021: Businesses of all sizes across every sector have been disrupted and forced to undergo rapid evolution and embrace digitalisation […]

Read more

Why digitalisation has helped Bahraini banks escape the brunt of Covid-19

By: David Ndichy Source: Gulf Business © 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED. A relatively advanced digital infrastructure has done well to cushion Bahraini banks from the impact of Covid-19. Bahrain is home to the region’s first hyper-scale data centre, was one of the first countries in the world to roll out nationwide commercial 5G, and is […]

Read more

Central Bank of Bahrain Launches Tokenization Service for Contactless Payment

The Central Bank of Bahrain, in cooperation with the Benefit Company, retail banks and Bahrain Facilities Company, announced the launch of a coding service for operating the encryption feature for contactless payment for smartphones running the Android system. This feature allows payments to be made digitally via POS devices using a smartphone. This service is […]

Read more

Load more 9/143
Go to top