The National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) have announced the signing of a memorandum of understanding (MoU) to advance discussions regarding the potential merger under a clear and collaborative framework.
Capital A Berhad signed a Letter of Intent with Bahrain's Ministry of Transportation to explore establishing the country as AirAsia’s Middle East hub, initiating a long-term partnership aimed at connecting ASEAN with one of the fastest-growing aviation regions.
Areen Development has awarded the construction contract for its premium project - Boulevard Al Areen - to Al Hamad Contracting. The project features over 16,000 sq m of expansive retail space within a total built-up area of 120,000 sq m, offering modern residential options.
Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power producers, for its key 950MW power plant in the Hidd region.
Bahrain has announced a reduction in the minimum real estate investment required for the Golden Residency from BD200,000 ($530,494) to BD130,000 ($344,821).
Bahrain's Eskan Bank has signed a collaborative agreement with seven commercial banks to activate the Tumooh Programme, a strategic step designed to expand housing finance options for the kingdom's citizens and boost the national housing ecosystem.
Bahrain’s top digital mobile-only ila Bank, and national carrier Gulf Air have launched a limited campaign to reward new ila Gulf Air Credit Card customers with 9,000 bonus Falcon Flyer miles in bid to elevate customers travel experiences this festive season.
ARP Digital Holdings, a leading digital asset and investment firm in the Middle East, has partnered with DV Trading, a global liquidity provider with expertise in trading and Centaur Markets to expand digital asset wealth management opportunities for its clients globally.
Despite tight financial conditions and regional uncertainty, Bahrain’s real GDP is likely to hit 2.9% in 2025. With the completion of refinery upgrades and robust services in tourism and finance, it is set to post a 3.3% growth in 2026, said a report by IMF.
Ithmaar Bank, a Bahrain-based Islamic retail bank, has appointed Naif Alnasser as Head of Asset Management and Remedial Management Unit (RMU), reporting to Ithmaar Bank Chief Executive Officer, Maysan Almaskati.
