Washington, Sept. 13 (BNA): His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today met with U.S. Secretary of State, Antony J. Blinken, at the State Department, as part of his official visit to the United States. During the meeting, HRH Prince Salman bin Hamad and Secretary Blinken signed a […]
Spire Technologies has obtained Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) licenses from the Central Bank of Bahrain (CBB), authorising it to operate as a fully regulated open banking ancillary service provider in the Kingdom. This milestone approval from the CBB will effectively enable Spire Technologies to expand its offerings, delivering […]
Manama, the capital of Bahrain has been ranked 1st globally in Financial Attractiveness on the AIRINC Global 150 Cities Index 2023, which evaluates financial opportunities in achieving the ideal combination of highly-paid salaries, low taxation rates and cost of living, and overall quality of life. Maintaining its position on the acclaimed sub-index for the fifth […]
Bahrain secured a milestone earning 1st place globally on the Expat Essentials Index for the second consecutive year, additionally securing a coveted position within the top 10 best destinations for expats in the 2023 Expat Insider Survey by InterNations. Of the 53 countries surveyed, Bahrain ranks 9th globally and 1st in the Middle East and […]
Securing a new record, Bahrain’s Foreign Direct Investment (FDI) inflows increased by USD 1.95 billion in 2022 while global FDI fell by 12%, according to the latest World Investment Report (WIR 2023) by the United Nations Conference of Trade and Development (UNCTAD). Commenting on this achievement, H.E. Khalid Humaidan, Chief Executive of Bahrain Economic […]
PwC Middle East, is set to establish a new service delivery centre in Manama, Bahrain during the first quarter of 2024. The service centre will offer strategic compliance and advisory services to a wide range of global institutions. In line with PwC Middle East’s objective to expand its market presence regionally, this new centre will […]
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Prime Minister, and Chairman of the Bahrain Economic Development Board (EDB), today chaired the EDB’s Board of Directors Meeting, at its headquarters in Bahrain Bay. During the meeting, Bahrain’s economic indicators, the EDB’s milestones in the first six months of 2023, and the […]
The Kingdom of Bahrain has granted the first five Golden Licenses to projects presented by Citi, Eagle Hills Diyar W.L.L, Infracorp, Saudi Telecommunication Company (stc), and Whampoa Group. With a collective investment of upwards of USD 1.4 billion into Bahrain, the greenfield projects and expansions are expected to create more than 1,400 job opportunities within […]
Bahrain cemented new rankings on the Logistics Performance Index 2023 published by World Bank as the ‘Most Improving Country in the GCC’, ranking 2nd in the Arab World, and 34th globally, climbing 25 positions since 2018. Owing to the milestone projects and initiatives delivered within the logistics sector across the past year, the Kingdom advanced […]
