The Stalled Projects Development Committee in Bahrain decided to hold a meeting for putting up the Amwaj Gate project for auction on October 31, 2017, setting an initial price of 36 million dinars.

Saudi Arabia's economy has slipped back into recession as the oil sector stagnates and the government sector is hit by austerity policies designed to curb a state budget deficit caused by low oil prices, official data showed on Saturday.

The value of Qatar’s imports rebounded sharply in August from July, government data showed on Wednesday, suggesting the economic impact of sanctions imposed by other Arab states is fading.

Investcorp announced yesterday that its U.S.-based real estate arm has invested in six multifamily properties in Florida and Arizona, for a total purchase price of approximately $350 million. The properties are located in key growth markets with strong fundamentals in the multifamily space.

Amazon announced the opening of a regional center in Bahrain for Internet services (cloud computing) as the first regional center in Bahrain to serve all the Middle East and Africa, during Amazon summit for web services held in Four Seasons Hotel.

Bahrain’s oil minister said on Sunday he expects expansion contracts for Bahrain Petroleum Company (Bapco) to be signed before the end of the year, state news agency BNA reported.

Qatar’s government has acted effectively in protecting the economy against sanctions imposed by other Arab countries, an International Monetary Fund official said on Wednesday after leading an IMF team on a week-long visit to Doha.

Qatar's government may reduce its capital spending on economic projects and infrastructure if damage to its economy from sanctions intensifies, Fitch Ratings said on Monday as it cut the country's credit rating.

Bahrain may need to raise its market interest rates to protect its currency and must refrain from having its central bank lend money to cover the government's budget deficit, the International Monetary Fund said on Monday.

Prime Minister Khalifa bin Salman ordered Minister of Industry and Commerce Zayed Al-Zayani to form a governmental committee to discuss visuals of chamber of commerce and solve any problem regarding decision to raise commercial records fees.

General Directorate of Anti-Corruption and Economic and Electronic Security Major Hussein Salman Matar said that the Anti-Economic Crimes Directorate monitored 439 cases within the first half of 2017, compared to 520 in 2016.

Bahrain Chamber of Commerce and Industry called on Prime Minister Khalifa bin Salman to intervene to stop the imposing of new fees on commercial registers and end the increase of current fee rates.

Bahraini telecoms companies recently reduced the one year long validity for prepaid mobile phone packages by 73% to only 100 days validity for BD30.

Bahrain's government has hired banks for a planned U.S. dollar-denominated bond issue, sources familiar with the matter said on Tuesday.

The Central Bank of Bahrain (CBB) announced that issue number 144 (ISIN BH00077UV743) of the short-term Islamic leasing bonds, Sukuk Al-Ijara, that are issued by the CBB on behalf of the Government of the Kingdom of Bahrain, has been subscribed.

A flour mill based in Bahrain has issued an international tender to purchase 25,000 tonnes of wheat which can be sourced from optional origins, European traders said on Monday.

Ebrahim Sharif said Bahrain's foreign currency reserves witnessed a sharp decline, as it is no longer enough to cover the country's imports for two consecutive months.

Moody's Investors Service has downgraded the Government of Bahrain's long-term issuer rating to B1 from Ba2, and maintained the negative outlook.

Moody’s on Friday downgraded Oman’s and Bahrain’s long-term bond ratings, citing limited progress in addressing the nation’s vulnerabilities to the weak oil price environment

Bahrain Watch organization launched the “Bahrain Budget Transparency Project”, which it said would make it easier for the public to access Bahraini government data. “We are starting with a repository of state budget data for the past 20 years,” it stated.