Shareholders of Ithmaar Holding, a Bahrain-based holding company, on Sunday (March 8) approved its plan to raise capital, which includes the cancellation of accumulated losses against share capital and issuance of additional share capital by way of rights issue.
A number of houses in the Sitra area of Bahrain were damaged as a result of Iranian drone attack late last night which left many injured, according to the kingdom's Ministry of Interior. Earlier in the day, a water desalination plant and a university building were targeted.
A water desalination plant and a university building were targeted in a Iranian drone attack this morning, according to the Bahrain's Ministry of Interior. Material damage was inflicted on the university building and three people got injured in the attack.
Gulf Air has suspended flights due to Bahrain’s airspace closure. Operations will resume once cleared. Passengers with tickets up to March 21, 2026, can rebook free until May 15, 2026, or request full refunds.
A hotel and two residential buildings in Bahrain's capital Manama sustained material damage following an Iranian attack late last night, according to the Ministry of Interior.
A fire broke out at a unit of the BAPCO Energies refinery in Bahrain following an Iranian missile strike, a Bahrain news Agency report said.
Investcorp, a global alternative investment firm headquartered in Bahrain, has announced that its GP staking arm, Investcorp Strategic Capital Group (ISCG), has closed on commitments of over $1.25 billion, thus taking the ISCG's total assets under management (AUM) to over $2.4 billion.
Gulf Air, the national carrier of Bahrain, has confirmed that it repatriated over 400 transit passengers affected by recent regional developments and the temporary closure of airspaces in several countries in the region.
Aluminium Bahrain (Alba), the world’s largest aluminium smelter on one site, has announced a set of leadership appointments that underscore its long-term commitment to succession planning, leadership continuity and the advancement of Bahraini talent into critical leadership roles.
The Kingdom of Bahrain has announced that its air defence systems, which remain fully prepared and ready at all times to address any threats, have successfully destroyed 74 missiles and 92 Iranian drones that were targeted at civilian facilities and private property since Saturday.
