MP Ahmad Al-Salloum called on the government to stop issuing flexible work permits, which is granted by the the Labour Market Regulatory Authority (LMRA) to non-organized workforce.

The oil crash came and went but the debt pile it left across the Gulf is still growing, leaving the region’s energy-dependent economies more vulnerable next time a crisis strikes, reported Bloomberg.

The Indian community is living well in Bahrain, said India's Ambassador to Manama Alok Kumar, adding that the country's leaders are behind the guarantee of this standard of living.

Bahrain's annual growth in gross domestic product, adjusted for inflation, slowed in the third quarter of this year as both the oil and non-oil sectors lost momentum, the government's statistics website showed on Sunday.

Moody's Investors Service yesterday changed Bahrain's rating to B2 with a stable positive outlook.

Bahrain’s Judicial Committee for the Settlement of Stalled Real Estate Projects decided to postpone Amwaj Gateway development project auction to January 9, 2019, due to absence of bidders.

Moody’s expected that Bahrain banks would remain under high pressures due to economic factors.

The Assistant Undersecretary for Development and Revenue Policies in the Finance Ministry Rana Ibrahim Faqihi said that the Value Added Tax (VAT) will be applied starting January 2019.

The overall volume of remittances sent to Bahrain by expatriates living in the GCC countries grew by 4.8% over the first half of this year, to reach $57.71 billion, up from $55.05 billion during the same period in 2017.

Bahrain Mumtalakat Holding Company announced yesterday that it has acquired a fully leased office complex for The Lash Group in the Charlotte, Metropolitan area, in ​​North Carolina.

The National Bank of Bahrain announced yesterday the launch of the first mobile ATM in its efforts to make cash services accessible to customers.

Media sources said that Standard Chartered Bank of Bahrain announced on Monday (November 12, 2018) its intention to close 3 branches of it, in the Diplomatic Area, Zayed Town and Saar, starting December 20.

The GCC Committee of Undersecretaries of the Ministries of Finance held a meeting on Monday, 5 November 2018, in Kuwait. The committee stated that there is an intention to expand the scope of goods covered by the selective tax.

The list of safest banks in the Middle East was free from any Bahraini institution, although the kingdom includes dozens of local, regional and international banks.

Bahrain's banking assets rose to $192 billion at the end of September 2018 compared to $189 billion in the same period last year.

Bahrain will receive up to $2 billion from its Gulf neighbors before the end of the year as the first installment of an aid package, and some funds have already arrived in state coffers, officials said on Thursday.

A source close to the government said that “the budget of the ministries in Bahrain is in a very precarious situation, as there are no financial allocations to implement the projects approved in the financial budgets.

Bahrain’s Gulf Arab allies are weighing plans for a five-year aid package to steady its finances and protect a currency peg seen as vital to regional economic stability, Bloomberg reported according to people with knowledge of the matter.

Bahrain’s central bank raised its interest rate on its one-week deposit facility to 2.50 percent from 2.25 percent, it said on Wednesday.

The Global Financial Centres Index showed that Bahrain dropped eight places to 59th out of a total of 110 centres analysed.