The US government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches.
Bahrain-based Al Baraka Islamic Bank has announced the launch of a cross-border banking service that allows customers to open bank accounts in Egypt with ease. This reflects its commitment to expanding global services and providing integrated banking to its customers.
Bahrain's Information & eGovernment Authority (iGA) has announced the complete migration of all services available on the Islamiyat app to the unified 'MyGov' app as part of the government mobile applications merger plan. MyGov now offers 111 features and services provided by 15 government entities.
Fatima Al Sairafi, Minister of Tourism, held a meeting with representatives of Bahrain’s hotel sector as part of regular meetings aimed at strengthening partnership with the hotel sector and following up on preparations for upcoming tourism seasons and events.
Bahrain announced on Saturday that its air defences intercepted Iranian missiles, while strongly condemning Iranian attacks targeting the Kingdom of Bahrain and the State of Kuwait earlier in the day.
Iran fired missiles toward Bahrain and Kuwait as the United States carried out fresh military strikes against Iranian targets and enforced its maritime blockade in the Gulf yesterday, in one of the most serious escalations since a fragile ceasefire took hold.
Mazad, the leading digital auction and marketplace platform in Bahrain and a Mumtalakat portfolio company, has announced the launch of a specialised training programme designed to empower graduates for careers in the development and management of digital marketplace and auction platforms.
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.
