-
Bahrain Increases Chance for "Foreign Trade Ownership" by 100%
2016-07-20
Bahraini Ministry of Industry and Trade said Cabinet decided new amendment on percentage of investors' trade ownership.
-
Paralyzed Shopping and Falling Sales after Blocking Diraz’s Entrances
2016-07-14
A number of shops owners in Diraz stated that shopping is paralyzed and sales have dropped significantly.
-
Business Standard: Bahrain's Become Proxy for Pan-Regional Feud with Iran, Gulf Monarchy Could Lose
2016-06-29
Business Standard stressed a big fear for the Bahrain government will be the loss of appeal to investors.
-
Bahrain PM Khalifa bin Salman Al Khalifa Undergoes Negotiations to Acquire 60% of Kempinski Hotels
2016-06-29
Source unveiled Bahraini PM is undergoing negotiations with international hotel group to acquire 60% of group's shares.
-
Bahrain Downgraded To Junk As Political Crackdown Continues Unabated
2016-06-28
Bahrain's latest downgrade by Fitch Ratings which cut country's rating from BBB- to BB+, takes Bahrain into junk status.
-
Fitch Downgrades Bahrain to Junk on Widening Deficit
2016-06-28
Fitch Ratings downgraded Bahrain's debt by one notch to junk status on Tuesday, leaving all three of the world's big rating agencies assessing the kingdom below investment grade as low oil prices undermine its finances.
-
Business Standard: Bahrain Became Proxy for Pan-Regional feud with Iran... It Could be a Loser
2016-06-26
The economic Business Standard magazine said that Bahrain is caught in the middle of a high-stakes game between its larger neighbours, Saudi Arabia and Iran.
-
Forbes: Bahrain Economy Set For Further Slump Following Renewed Political Clampdown
2016-06-16
The economic Forbes magazine said unexpected closure of Al-Wefaq is likely to spell further trouble for Bahrain.
-
Local Newspaper: 500 Retirement Application Submitted to "Ministry of Health" within Month
2016-06-06
The local Bahraini Al-Bilad newspaper owned by the son of the Prime Minister Ali ...
-
Moody's: Bahrain's Fiscal Deficit & Gov't Debt burden Set to Increase amid Low Oil Prices
2016-05-27
Moody's said Bahrain's fiscal deficits will stay wide and government debt will rise to 100% of GDP.
-
Moody's: Oil Slump Straining Gulf Reform Efforts
2016-05-27
Collapse in global oil prices is putting unprecedented strain on cradle-to-grave welfare models of oil-rich nations, Moody's warned.
-
Gulf Banks Report More Loan Defaults as Oil Slump Plays Out
2016-05-26
More than two-thirds of Gulf banks reported an increase in unpaid loans in the first three months of 2016.
-
Bahrain's Inflation Rises to Highest Mark since Dec 2013
2016-05-26
The Arabian Business website said inflation in Bahrain rose to its highest level since December 2013.
-
Gulf Stock Markets May Have Weak Bias; Little Positive News
2016-05-24
Gulf stock markets may have a weak bias on Tuesday after oil prices continued to edge down.
-
Bahrain Oil Price Hikes Up to 43$
2016-05-24
The price of Bahraini crude oil increased to about 43$ per barrel in global markets; meanwhile, the Europe Brent crude oil prices...
-
Reuters: Bahrain Sovereign Fund Mumtalakat 2015 Net Profit Hurt by Charge
2016-05-23
Bahraini sovereign fund Mumtalakat posted a 68.7 percent drop in 2015 net profit on Sunday, as lower...
-
S&P Keeps ICICI, HDFC Banks' Bonds Sold via Bahrain on Negative Watch
2016-05-21
Standards and Poor’s (S&P) retained its negative credit watch on the overseas bonds issued by ICICI Bank and HDFC Bank through their Bahrain branches citing the downgrade of the Gulf nation.
-
GCC Informs BCCI about Banning Iranian Goods Import to KSA
2016-05-20
The Bahrain Chamber of Commerce and Industry (BCCI) has been informed by the Gulf Cooperation Council (GCC) Secretariat General that Saudi Arabia banned the entrance of Iranian goods or pass of these goods (transit) through Saudi Arabia.
-
Reuters: Moody's Cuts Saudi, Oman, Bahrain Debt Ratings
2016-05-16
Bahrain Mirror (Reuters): May 14 Moody's Investors Service cut its debt ratings for Saudi Arabia, Oman and Bahrain on Saturday while assigning negative outlooks to three neighbouring states, as low oil prices continue to undermine government finances in the region.
-
Moody's Downgrades Bahrain's Government Issuer Rating to Ba2 with Negative Outlook
2016-05-14
Bahrain Mirror (Moody's): Moody's Investors Service has today downgraded the Government of Bahrain's long-term issuer ratings to Ba2 from Ba1 and assigned a negative outlook. Today's rating action concludes the review for downgrade which Moody's initiated on 4 March 2016.