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Bahrain’s bankruptcy law one year on: an untested revolution

Dec 3 2019 by Asli Orbay The Kingdom  of Bahrain enacted a new bankruptcy law in December 2018, sweeping away its previous legislation and replacing it with a thoroughly modern toolkit. The law is a revolutionary improvement compared to what existed before, said lawyers polled by Debtwire. The financial crisis of a decade ago pushed various GCC countries … Continued

Revealed: how Bahrain, India plan to seek closer economic ties

Sun 1 Dec 2019 by James Mathew Bahrain's ambassador to India, Abdulrahman M Al Gaoud, says IT and aluminium are key areas to develop ties Bahrain is looking to significantly increase trade and investment relations with India, with IT (information technology) and aluminium being among the top focus areas, the kingdom’s top diplomat in India … Continued

Attracting more than 5,000 participant and 45 local and regional speakers, Tamkeen concludes its fourth edition of the Global Entrepreneurship Week.

Startup MGZN November 28, 2019 Tamkeen concludes its fourth edition of the Global Entrepreneurship Week (GEW 2019), a week that was filled with more than 45 activities and events that attracted over 5000 participants. The Global Entrepreneurship Week was held from November 17th until the 24th and it was celebrated all around Bahrain. The GEW events were organized by … Continued

Bahrain ranked first in MENA by Islamic Finance Development Indicator for seventh consecutive year

Research by the Islamic Development Bank and Refinitiv puts Kingdom in the lead regionally and second globally Seventh consecutive first-place ranking based on robust and supportive regulation and increases in number of Islamic Banking Assets and number of institutions offering Islamic Finance Continued success comes despite backdrop of slowing growth in the Islamic Banking sector … Continued

UAE National Day 2019: 10 reasons to visit Bahrain for the long weekend

The Kingdom has plenty to offer visitors from the UAE this December Dianne Apen-Sadler November 12, 2019 2:49 PM Picking where to go for the three-day public holiday in December isn’t easy: there are dozens of places around the GCC, or even further afield in India or Sri Lanka, that might have caught your eye. There are … Continued

Bahrain Readies for $320BN Middle East AI Boom with WEF Future Tech Workshop

WEF workshop help to build global framework for Artificial Intelligence procurement Events brought together government and entrepreneurs to develop future roadmap Experts from PwC predict a $320 billion AI boom in the Middle East by 2030 Manama, Wednesday November 6 – The World Economic Forum’s Centre for the Fourth Industrial Revolution Network has hosted a … Continued

Bahrain-Turkey trade set to grow

In 2018, trade volume between Turkey and Bahrain increased by 17% to exceed $500mln By Staff Writer, Gulf Daily News I see great potential for Bahrain-Turkey trade relations,” said Embassy of Turkey commercial counsellor associate Professor Guzin Bayar. “In 2018, trade volume between Turkey and Bahrain increased by 17 per cent to exceed $500 million. “However, … Continued

Doing Business 2020: Ambitious Reforms Earn Bahrain Spot Among World’s Top 10 Business Climate Improvers

Originally published by World Bank MANAMA, October 24, 2019 – Bahrain carried out a record nine business reforms in the past year with its ambitious reform agenda, making it the world’s best performer in terms of fiscal compliance time, according to the World Bank Group’s Doing Business 2020 report. Bahrain also earned a spot among the top 10 global … Continued

The World Bank recognises Bahrain among the top 10 most improved economies in the world

FDI grows from $65 million in 2015 to $1515 million in 2018   MANAMA, 25 October 2019 – Bahrain has been ranked among the top-10 most improved economies in the world in this year’s Doing Business 2020 report, up 19 places to 43rd place since last year in the World Bank’s assessment of 190 countries. The … Continued

Bahrain tops region for expat living

Despite Bahrain losing ground in terms of working abroad and family life, expats are still generally happy By Staff Writer, TradeArabia Bahrain remains the best place for expatriates to work and live in the Middle East, even as it dropped to the seventh place globally from being on top of the list last year in the … Continued