Standard Chartered has announced its intention to explore the sale of its wealth and retail banking (WRB) business in the Kingdom of Bahrain, as it further sharpens focus on businesses and client segments. The bank will maintain its presence in Bahrain through corporate and investment banking franchise.
Bahrain's Electricity and Water Authority (EWA) has announced that it has received bids from two leading utility developers - Saudi Arabia's Acwa and Abu Dhabi National Energy Company (Taqa) - for the multimillion-dollar Sitra Independent Water and Power Project being set up in the kingdom on a build-own-operate model.
Bahrain has signed key financing agreements with Islamic Development Bank (IsDB) for the King Faisal Highway Project and the Salman Industrial City Expansion Project. This comes as part of the kingdom's efforts to implement strategic projects in vital infrastructure sectors.
Bahrain's national carrier Gulf Air has announced the launch of its seasonal flights to El Alamein, Egypt, further strengthening air connectivity between the kingdom and Egypt. El Alamein is one of Gulf Air’s summer tourist hubs along with top European hotspots Geneva, Malaga, and Nice.
Eid visitors have given a much-needed boost to the hospitality industry in Bahrain battered in recent months by Iranian aggression. Thankfully, Bahrain’s tourism sector recorded strong growth during the recent extended holidays, said a top minister.
Aluminium Bahrain (Alba) has agreed to acquire Aluminium Dunkerque – the largest aluminium smelter in the European Union – in a deal worth $2.2 billion, a report in the Gulf Daily News said.
Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and TRAIL, the French investment company, have announced a strategic partnership under which Mumtalakat will be an investor in SLAM, the first private equity fund dedicated to the Sport, Luxury, Arts and Music sectors.
His Majesty King Hamad’s statement during yesterday’s Cabinet session: ‘You were the nation’s strength in times of war, and you remain its enduring strength in times of peace’ was not merely praise for citizens’ stance during an exceptional period.
Bahrain's Information & eGovernment Authority (iGA) said it has signed an agreement with the National Digital Development Agency (Anaden) of the Union of Comoros. This comes as part of the kingdom's efforts to boost digital cooperation and share experience in line with United Nations standards.
UFI has opened registration for its 93rd Global Congress, set for November 2–5, 2026 in Bahrain at Exhibition World Bahrain, in partnership with Bahrain Tourism and Exhibitions Authority, bringing leaders together to discuss exhibition trends.
