A Bahraini businessman dies at 59 in Prison after suffering from a heart attack while engaging in physical exercise.

In smart new offices with Gulf views, a dozen firms work on digital currencies, blockchain-based payments and other financial technology.

The European Union ministers moved on Tuesday (March 13, 2018) Bahrain, the Marshall Islands and Saint Lucia from the blacklist of tax havens and added Bahamas, the U.S. Virgin Islands and Saint Kitts and Nevis to the list.

Akhbar Al-Khaleej daily said that Bahrain has called to exempt it from a US decision to impose new tariffs on the aluminum and steel industry. Last week US President Donald Trump announced a 25 per cent tariff on imported steel and 10pc on aluminum aimed at saving the US steel industry and cutting its deficit.

The most powerful member of the US Senate said Tuesday it was "highly unlikely" that Congress would pass legislation nullifying the tariffs President Donald Trump announced on steel and aluminum imports.

New Board of Directors of the Bahrain Chamber of Commerce and Industry (BCCI) will hold its first meeting at beginning of next week, during which positions and duties of members will be distributed.

Fitch Ratings has downgraded Bahrain Mumtalakat Holding Company's (Mumtalakat) Long-Term Issuer Default Ratings (IDR) to 'BB-' from 'BB+' and maintained it on Rating Watch Negative (RWN).

Aluminium Bahrain B.S.C (Alba), the Bahrain-based international aluminium smelter, announced the appointment of Adnan Hashim as the new Chief Financial Officer, effective Tuesday March 06, 2018.

Bloomberg said that access to a debt is helping some cash-strapped nations in the Gulf Cooperation Council kick reforms down the road.

US President Donald Trump confirmed Washington imposed tariffs on imports of steel and aluminum, exempting Canada and Mexico temporarily.

Bahrain’s National Audit Office issued a report for the years 2016-2017, listing a number of violations committed by various Bahraini state bodies and agencies, from the Electricity and Water Authority to Labour and Health Ministries.

Bloomberg, the economic news website, said that measures taken by Bahrain were not enough to stabilize its debt-to-GDP, indicating that the International monetary Fund (IMF) expects that the debt will reach 109%.

Reuters said that European Union states are set to remove Bahrain, the Marshall Islands and Saint Lucia from a list of tax havens next week, leaving only six jurisdictions on it, an EU document shows.

Businessmen stressed that the decree allowing foreigners to establish full-owned companies had allowed unskilled laborers to establish companies.

Fitch Ratings downgraded on Thursday (March 1, 2018) Bahrain's Long-Term Foreign-Currency Issuer Default Rating (IDR) to “BB-“, with a stable outlook.

Aluminium Bahrain (Alba), owner of one of the world’s largest aluminum smelters, will raise by the end of this year’s first quarter the final debt amount needed to fund its Line 6 expansion project, a company official told Reuters.

Bahrain International Circuit Chief Executive Salman bin Isa Al Khalifa said that Bahrain circuit achieved huge financial revenues that reached billion dollar within 10 years since 2009.

Bahrain’s sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group’s private equity fund that aims to target the technology sector, its chief executive said.

The number of memberships entitled to vote in the 29th elections of the Bahrain Chamber of Commerce and industry reached 35 thousand represented by 81,000 votes, which is about 8 times more than the memberships in previous elections. The number of memberships in the chamber reached 55 thousand, while the number of inactivated memberships reached 20 thousand, chairperson of the elections committee said.

Oil Minister Mohammed bin Khalifa Al Khalifa announced an approach to review the petrol prices periodically, after finding a suitable mechanism to distribute subsidies to citizens, stressing on the necessity to conform to delivering the subsidies to citizens in a way that matches their income.