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Bahrain’s Economic Growth Won’t Exceed 2.3% in 20The International Monetary Fund (IMF) expected that Bahrain’s GDP will not increase more than 2.3% in 2019.19, IMF Expects
2018-04-26
The International Monetary Fund (IMF) expected that Bahrain’s GDP will not increase more than 2.3% in 2019.
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Bahrain's Alba Seeks Exemption from U.S. Aluminum Tariffs: CEO
2018-04-26
Aluminium Bahrain (Alba), owner of one of the world’s largest aluminum smelters, is seeking an exemption from U.S. tariffs, its chief executive said on Tuesday.
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Bahrain Resumes Importing Saudi Cement after Riyadh Stopped Fees on Imports
2018-04-25
Bahraini companies resumed importing cement from Saudi Arabia after the latter retracted imposing fees on exports.
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Reuters: Bahrain's Gulf Air Looks to Middle East Routes in Path to Profitability
2018-04-23
Bahrain’s Gulf Air is counting on Middle East routes to help drive passenger growth and turn around the loss-making airline, its deputy chief executive said on Sunday.
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Bahrain Filed Formal Request for Exemption from Duties on Aluminum and Iron Last Month, Says Minister
2018-04-21
Bahraini Minister of Industry and Commerce said the Ministry is in constant contact with the US regarding the exemption of Bahrain from customs duties levied on imports of aluminum and iron.
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3 Mln Fine Expected for Company that Failed to Pay Amwaj Gate Auction Value
2018-04-20
A Bahraini judicial committee has begun legal proceedings against an investor who has failed to commit to his obligation to pay the auction value of the stalled Amwaj Gate project.
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Moody’s: Oil Discovery in Bahrain Could Stimulate Investment if Int’l Companies Verified it is Recoverable
2018-04-19
The oil discovery announced by Bahrain , if verified by an international oil consortium as being technically and economically recoverable, could stimulate private investment in the country's energy sector in the near term, according to Moody’s.
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Analysis: Extracting Oil from Discovered Bahraini Field would be First of its Kind in World if Successful
2018-04-19
A report issued on World Politics Review website stated that the nature of the new oil discovery in Bahrain is “an offshore shale oil field, which if successful would be the first of its kind in the world.”
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Report: 9,950 Freehold Apartment Units in Bahrain amid Weak Demand, Price to Face Pressure
2018-04-19
A report issued by CBRE said that Bahrain's freehold apartment sector is poised for solid growth with a pipeline supply of almost 7,000 units planned for delivery over the next three years.
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Investcorp Purchases Office Real Estates in German’s City of Stuttgart Worth €80 Million
2018-04-19
Investcorp, a leading global provider and manager of alternative investment products (whose headquarters is in Bahrain), announced that it has purchased Bürocampus Wangen, based in Stuttgart, Germany for approximately €80 million. The acquisition represents Investcorp's first real estate investment in Germany.
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Bahrain: Khalifa Bin Salman Port Running at Less than Half of Its Capacity
2018-04-17
Mark Hardiman, chief executive and managing director of facility operator APM Terminals (APMT) Bahrain, said that “Bahrain’s Khalifa Bin Salman Port (KBSP) is currently operating at 45% of its capacity,” hoping that the port’s operations would be doubled. He added that APMT Bahrain aimed to make “the full use” of the dock in the coming years.
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Report: Bahrain Video Surveillance Market Records Positive Demand, Expected to Grow 8% Annually
2018-04-17
A new report said that Bahrain is continuously registering positive demand for physical security systems from all major verticals, predominantly government and transportation, retail and BFSI; wherein, video surveillance segment recorded majority of deployment
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Central Bank of Bahrain's Net Foreign Assets Drop to Six-Month Low
2018-04-14
Net foreign assets at Bahrain’s central bank dropped to a six-month low of 604.8 million dinars ($1.60 billion).
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Bahrain: Reverse Auctions Worth BD 3.7 Bln Last Year, Minister
2018-04-13
Chairman of the Tender and Auction Board, Bassem Al-Hamr, revealed that “the Board has placed tenders worth more than 3.7 billion dinars in 2017”.
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Batelco Distributes BD 42.5 Mln Monetary Dividends to Shareholders
2018-04-12
Batelco Ordinary General Assembly approved a monetary dividend of BD 42.58 million, i.e. 25% of the paid capital equivalent to 25 fils per share.
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Bahraini Companies Begin Paying Aluminum Export Tariffs to US, Awaiting Exemption Decision
2018-04-12
Bahraini aluminum companies have started paying the 10 percent US export tariff imposed by the US administration, officials said.
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Election of Al Salam Bank New Board of Directors Headed by Khalifa Al-Muhairi
2018-04-11
Al Salam Bank Bahrain announced the election of its new Board of Directors by its Ordinary General Assembly in its meeting held at the Four Seasons Hotel on March 22, 2018.
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Jassim Al-Seddiqi Appointed Chairman of Khaleeji Commercial Bank
2018-04-06
The Khaleeji Commercial Bank in Bahrain announced the appointment of Jassim Mohammed Al-Seddiqi as Chairman of the Board of Directors.
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Commerce Minister Says Manama Market Development Will Take Up to 36 Months
2018-04-06
Bahrain's Minister of Industry, Commerce and Tourism Zayed bin Rashid Al-Zayani predicted that the development of the Manama market would take 18 to 36 months.
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Bahrain Expects to produce 200,000 bpd from New Oilfield - Paper
2018-04-04
Bahrain expects to produce 200,000 barrels per day from its newly discovered oilfield, the daily Al-Ayam reported on Wednesday.