The latest report by analytics firm STR has revealed some troubling numbers regarding Bahrain's hotel industry, stressing that Bahrain's tourism market suffered from a decline in key performance indicators in May.

Fitch Rating said in a statement reported by Reuters that the financial support for Bahrain, being prepared by the GCC, will ease near-term external financing pressures, but a more durable improvement in Bahrain's financial position will depend both on the scale and nature of GCC support and on Bahrain's ability to implement fiscal reform.

Bloomberg, the economic news website, said Bahrain pledged to implement steps to repair its strained finances widely seen as crucial to help the kingdom receive support from Gulf Arab allies.

The absence of any signal of financial aid from Bahrain’s neighbors sent the kingdom’s credit risk rising the most in emerging markets this month, reported Bloomberg in a report published on Tuesday.

Bahrain’s dinar recovered from 17-year lows and its bond prices rebounded on Wednesday after the country’s diplomatic allies in the Gulf pledged to prevent its ballooning public debt from triggering a financial crisis.

Ratings firm Moody's said on Thursday that Bahrain's B1 credit rating will be supported by aid pledged by other Gulf countries this week, as long as it is large and flexible.

Bahrain said on Wednesday that its Gulf allies are to unveil a new support package to shore up its finances, which have been strained by seven years of persistent civil unrest.

The cost of insuring exposure to Bahrain debt fell on Wednesday from record highs after Saudi Arabia, United Arab Emirates and Kuwait said they would support the country financially.

Bahrain sovereign dollar bonds rebounded sharply across the curve on Wednesday, after Saudi Arabia, United Arab Emirates and Kuwait said they would support the country financially.

Bahrain’s dinar rebounded sharply against the U.S. dollar in the spot market in early trade on Wednesday after Saudi Arabia, the United Arab Emirates and Kuwait pledged they would support the country financially.

The cost of insuring exposure to Bahrain's sovereign debt spiked to a record high on Tuesday and sovereign dollar bonds fell to record lows as investors worried about the country's ability to avoid a funding crunch.

Bahrain’s dinar fell to a 17-year low of 0.38261 against the dollar in the spot market on Tuesday as hedge funds sold the currency in the forward market because of concern about the country’s rising public debt, bankers in the region said.

The price gap between Bahrain's U.S. dollar conventional and Islamic bonds has widened to record levels, indicating a sharp disagreement between global investors and regional institutions over the country's ability to avoid a funding crunch.

Bahrain's Judicial Committee for the Settlement of Stalled Real Estate Projects said that what was published in a local newspaper about the imminent sale of the Sunset Hills and Marina West projects at auction was false.

A number of cinemas in Bahrain have raised the price of entry tickets to 3.5 dinars as of mid- June, i.e is 16 percent increase compared to 3 dinars.

The cost of insuring Bahrain’s sovereign debt against default is at an historical high, amid continuing concerns over the country’s ability to tap international markets to stave off a potential financial crisis.

The government of Bahrain's slow fiscal response to past declines in oil prices has led to a large and growing stock of government debt, and gross international reserves are low and volatile, according to Standard & Poor's (S&P) report.

The Arab Insurance Group "Arig", listed in Bahrain and Dubai’s bourse, said that it ended the contract of service of Yassir Al-Baharna, the Chief Executive Officer (CEO), after 30 years of service.

Bahraini Crown Prince has called for developing necessary mechanisms for inviting and attracting international companies to invest in the new oil field.

The Bahraini dinar currency in circulation in all its categories outside the Central Bank of Bahrain (CBB) increased by 4.66% last April on an annual basis, according to data issued by CBB, reported Al-Ayam newspaper. The value of currency in circulation by the end of April reached 687.8 million BD, versus 655.9 million BD in the same month in 2017.