Bahrain's Eskan Bank has invited bids from leading contractors for Madinat Salman Community Development Phase II project. The projects cover a central market, a supermarket and a sports facility - featuring two football fields and two drive-through buildings - with a combined BUA of 5,231 sq m.
Bahrain-based Bank ABC has reported a net profit of $111 million for the first half of 2026, a 27% decline compared to $152 million a year earlier, primarily driven by a higher provision charge amid a challenging macroeconomic and geopolitical environment. Its operating profit remained broadly stable, supported by 5% growth in core business revenue.
Skyro, a digital-first consumer finance platform based in Bahrain, is expanding into Saudi Arabia and has appointed former Mastercard executive Maria Medvedeva as the regional managing director. In this role, she will oversee Skyro's market entry in Saudi Arabia and its broader expansion across the region.
Bahrain has announced that three top consultants - KPMG Advisory, EY Consulting and PricewaterhouseCoopers - are vying for the Bahrain Northern Link Road project advisory role. A PPP project, the BNLR involves a 29.5-km highway that runs from North Manama Causeway Bridge to King Hamad Causeway.
Benefit, a leading fintech and electronic financial transactions service company in Bahrain and key innovator, has signed a service agreement with Aman, the kingdom's premier compliance platform, to boost its compliance and financial crime prevention capabilities.
Bank ABC Islamic reported a total operating income after profit on murabaha and other payables and before attribution to quasi-equity of $92.5 million for the first half of 2026, up 3.2% from the same period last year.
Fintech Forward, the region’s flagship financial services forum, will convene global thought leaders, leading financial innovators, and policymakers, to examine the most pressing ecosystem challenges that lie ahead in October.
Bahrain-based investment bank SICO has reported a 48% jump in its second-quarter net profit attributable to shareholders, helped by higher net investment income and a recovery in market valuations. Its assets under management (AUM) soared to BD3.3 billion ($8.9 billion) in Q2.
The Kingdom of Bahrain has acceded to Annex VI of 1973 International Convention for the Prevention of Pollution from Ships (MARPOL), thus reflecting the kingdom's commitment to protecting marine environment, preserving air quality and cutting emissions from the maritime transport sector.
Oman Air, in partnership with Discovery Travel, will launch a weekly Bahrain–Salalah charter service from July 10, 2026, for the Khareef season. The airline is also adding 60 Muscat–Salalah flights in July, increasing capacity by 11,766 seats.
