Tag: Bahrain Business News
Bahrain’s EDB secured $885mn FDI in 2020
Bahrain’s Economic Development Board (EDB) exceeded its targets by bringing $885 million of foreign direct investment (FDI) in 2020 to the Kingdom, despite the...
Bahrain’s GFH Financial acquires Lulu-leased Hidd Mall
Bahrain-based leading investment group GFH Financial Group (GFH) has expanded its presence in the retail sector by purchasing 80 percent of Hidd Mall alongside...
Investcorp acquires Indian eCommerce software provider Unilog
Bahrain-headquartered private equity firm Investcorp has entered into an acquisition agreement with Unilog, a leading Software as a Service (SaaS) based eCommerce solutions provider...
Bahrain, US unite to establish ‘American trade zone’ in the Kingdom
Bahrain's Ministry of Industry, Commerce and Tourism has signed a Memorandum of Understanding (MoU) with the US Department of International Trade to establish an...
Bahrain’s Alosra initiates ‘Mahali’ to support regional entrepreneurship
Bahrain-based Alosra supermarket has rolled out a local entrepreneurship support program ‘Mahali’ as part of its ‘Think Local’ initiative that was introduced in 2011...
Bahrain unveils full-speed 5G network for its entire 1.5mn population
Bahrain’s Ministry of Transportation and Telecommunications has informed that the kingdom has full nation-wide 5G coverage and the super-fast service can now be used...
King Fahd Causeway re-opening will add $2.6bn to Bahrain’s economy
The Bahrain economy will add nearly $2.6 billion from the re-opening of the King Fahd Causeway and return of visitors number to pre-pandemic level,...
Bahrain’s Al Baraka Islamic Bank honored with two awards from IRBA
Bahrain-based leading financial institution Al Baraka Islamic Bank (AIB) has secured two prominent recognition for its services in the retail banking sector at the...
