Bahrain Business News

Bahrain latest news

Communication - Presse

30 Bahrainis hired in hospitality sector

Thirty Bahrainis have been hired in the hospitality, tourism and services sector as part of the country’s National Employment Programme. They were...

Communication - Presse

NBB launches new Visa credit cards

MANAMA: National Bank of Bahrain (NBB) has launched new Visa Signature and Visa Infinite credit cards, offering a range of exclusive benefits...

Communication - Presse

Budget deficit cut by 38 per cent

Manama: The actual budget deficit dropped by 38 per cent during the first half of this year to stand at BD404 million, down from BD650m during the...

Communication - Presse

EDB and Mumtalakat boards are restructured

MANAMA: His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and Economic Development Board (EDB) Chairman...

Communication - Presse

NBB appoints chief risk officer

Manama: National Bank of Bahrain (NBB) yesterday announced the appointment of Isa Maseeh as chief risk officer.

Communication - Presse

Unemployment rate drops

MANAMA: The unemployment rate in Bahrain dropped to 3.8 per cent, the lowest level following the launch of the National Employment Programme and...

Communication - Presse

Data protection law takes effect

BUSINESSES in Bahrain are not prepared for today’s roll-out of a new law that prevents the misuse of people’s personal information, according to...

Communication - Presse

CBB receives 65 insurance complaints

MANAMA: The Central Bank of Bahrain (CBB) received 65 complaints related to insurance companies this year and 170 last year compared with 169...

Communication - Presse

Bahrain central bank cuts rates by 25 bps

The Central Bank of Bahrain yesterday cut its one-week deposit facility to 2.5 per cent from 2.75pc. It also reduced the overnight deposit rate to...

Communication - Presse

AWS launches Mideast cloud region

MANAMA: Amazon Web Services (AWS) yesterday launched its Middle East cloud region in Bahrain, less than two years after announcing a multi-million...

Communication - Presse

Bahrain’s money supply rises to BD13,546m

MANAMA: Bahrain’s (M3) money supply increased by 9.2 per cent reaching BD13,546.2 million as of end-June, compared with BD12,402.3m as of end-June...

Communication - Presse

BCFC reports net profit of nearly BD11m

MANAMA: Bahrain Commercial Facilities Company (BCFC) has reported a consolidated net profit of BD10.8 million for the six months ended June 2019, 4...

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