Rising demand for residential and retail development is driving rapid expansion in Bahrain’s real estate sector, with billions of dollars worth of mixed-use projects to be launched in the near future, while new regulatory measures have been issued aimed at increasing market stability and long-term growth. Real estate developments totalling $26bn are planned or under construction, according to…
Several new projects will expand Bahrain’s power generation capacity, as the kingdom aims to meet rising demand from both residential and industrial consumers. At the end of June the Electricity and Water Authority (EWA) closed its prequalification process for interested developers in the tender round for the Al Dur 2 Independent Water and Power Project. After review by the authority, the project…
Under the patronage of King Hamad bin Isa Al Khalifa, Clarion Events is proud to present the Bahrain International Defence Exhibition & Conference (BIDEC) Meet over 120 international manufacturers and suppliers of the latest equipment, technology and systems Network with over 3000 international defence industry visitors at Bahrain's first tri-service defence exhibition Attend the Middle East…
Don’t miss the AIChE Middle East Regional Chem-E-Car Competition and watch as undergraduates go head-to-head to race their chemically powered car to the finish line. Interact with over 26 startups from across the globe, who will be showcasing their innovations unique to the process engineering industry. Engage, empower and be elevated as you hear from women in the GCC from science and engineering…
STEEB is providing the unique opportunity to reserve business-to-business (B2B) meetings with international organisations or other industry players as part of this grand event. This service is catered to industry stakeholders interested in presenting business proposals, negotiating commercial agreements or showcasing new products. An exhibition will be held in conjunction with the STEEB sessions…
The International Aluminium Conference has been running for 32 years. The event started in 1980 and is now a mainstay in the industry calendar. The International Aluminium Conference attracts over 450 delegates every year. Over the years, it has become the place to make annual deals.It is an essential event for all those involved in the global aluminium supply chain with networking opportunities…
The kingdom of Bahrain launched another round of conventional bond and sukuk (Islamic bond) issuances last month, as the government looks to bridge projected fiscal deficits for both this year and next. In late July the Central Bank of Bahrain (CBB) issued a BD200m ($530.5m), five-year government development bond with a coupon rate of 5.35%. The issue was oversubscribed, with subscriptions totalling…
When I wrote three months ago about why the economic changes afoot in the Gulf region have taken on a whole new urgency in “The challenge of change: And why it matters this time”, my analysis was very much framed against a background of anything but business as usual. I remain firmly of the opinion that the major economic restructuring that is needed in the GCC is far more likely…
Bahrain’s Ministry of Transportation and Telecommunications in June selected French technology company Thales and Switzerland’s telecoms services firm SITA as providers of Bahrain International Airport’s new security and operations management system. The move is part of the $1.1bn Airport Modernisation Programme (AMP) launched in 2015 to develop a new 220,000-sq-metre passenger terminal and…
Late March saw the Bahrain Bourse (BHB) inaugurate the Bahrain Investment Market (BIM) – an alternative source of financing for growing businesses in the kingdom and the wider MENA region. The new equity market aims to improve access to finance for small and medium-sized enterprises (SMEs) that do not meet the listing criteria for BHB’s main board. “Fast-growing companies need…
