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Moody's: Bahrain Registered Three International Debt Placements of $1 Billion
2016-09-10
Moody’s said that Bahrain launched three international debt placements since beginning of year until May 2016, with total value of $1,035 billion.
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Russia Considers LNG Supplies to Bahrain
2016-09-07
Russia and Bahrain agreed to expand cooperation in liquefied natural gas (LNG) on Tuesday...
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The Independent: Bahrain Threatened to Run out of Money within Coming 5 Years
2016-08-09
The British Independent newspaper published a chart in which it indicated that “Iraq, Iran, Oman, Algeria, Saudi Arabia, Bahrain, Libya and Yemen are among the Middle Eastern countries that could run out of money in less than five years.”
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Reuters: Bahrain Replaces Oil Minister
2016-06-04
Bahrain's King Hamad bin Isa al-Khalifa replaced the oil minister in a minor cabinet...
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Moody's: Bahrain's Fiscal Deficit & Gov't Debt burden Set to Increase amid Low Oil Prices
2016-05-27
Moody's said Bahrain's fiscal deficits will stay wide and government debt will rise to 100% of GDP.
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Moody's: Oil Slump Straining Gulf Reform Efforts
2016-05-27
Collapse in global oil prices is putting unprecedented strain on cradle-to-grave welfare models of oil-rich nations, Moody's warned.
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Gulf Stock Markets May Have Weak Bias; Little Positive News
2016-05-24
Gulf stock markets may have a weak bias on Tuesday after oil prices continued to edge down.
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Abu Dhabi Lays off Thousands as Gulf Austerity Tightens
2016-05-24
Since mid-2015, Gulf countries have curbed spending and reduced subsidies to ...
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Bahrain Oil Price Hikes Up to 43$
2016-05-24
The price of Bahraini crude oil increased to about 43$ per barrel in global markets; meanwhile, the Europe Brent crude oil prices...
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Iran's May Oil Exports Set To Surge Nearly 60 Percent From A Year Ago
2016-05-19
Iran's oil exports are set to surge in May, climbing nearly 60 percent from a year ago, with European shipments recovering to about half of pre-sanction levels
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Moody's Downgrades Bahrain's Government Issuer Rating to Ba2 with Negative Outlook
2016-05-14
Bahrain Mirror (Moody's): Moody's Investors Service has today downgraded the Government of Bahrain's long-term issuer ratings to Ba2 from Ba1 and assigned a negative outlook. Today's rating action concludes the review for downgrade which Moody's initiated on 4 March 2016.
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Bahrain Energy Minister: Oil Prices Will Continue to Drop & If Credit Ratings Lowered Again, No One Will Loan Us
2016-04-21
The Bahraini Minister of Energy Abdulhussain bin Ali Mirza said that oil prices will continue to drop, following the Doha meeting failure.
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Bahrain Says Talking with Lead Managers After S&P Downgrade
2016-02-18
Bahrain Mirror (Reuters): Bahrain said on Wednesday that it was talking with the lead managers of its latest sovereign debt offer after Standard & Poor's downgraded its credit rating.
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S&P Cuts Saudi Arabia, Brazil, Oman, Kazakhstan, Bahrain
2016-02-18
Bahrain Mirror (Reuters): Rating agency Standard & Poor's downgraded Saudi Arabia, Brazil, Kazakhstan, Bahrain and Oman's credit ratings on Wednesday, in its second mass cut of large oil producers in almost exactly a year.
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Bahraini Energy Minister: Manama Seals Gas Import Deal with Moscow
2016-02-10
Bahrain Mirror: Bahrain has announced that is set to establish a distribution centre for Russian Liquefied Natural Gas (LNG) in the region, and made an agreement with Moscow to import this product.
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Reuters: IMF Urges Bahrain to Cut Deficits as Oil Prices Fall
2016-01-31
Bahrain Mirror (Reuters): The International Monetary Fund on Friday (January 29, 2016) urged Bahrain to take "sizable" steps to reduce its growing budget deficit as slumping oil prices have sharply reduced exports and government revenues.
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Local Paper: Gov’t. Replaces Ministers’ Cars with 2016 BMWs amid Economic Crisis
2016-01-28
The local Bahraini Al-Wasat newspaper said that the government recently “replaced the vehicles of a number of ministers with new 2016 BMWs.”
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Khalifa bin Salman Urges MPs to Assume Responsibilities & Lead Gov't. Decisions to Success
2016-01-27
Bahrain Mirror: Bahrain's Prime Minister Prince Khalifa bin Salman Al Khalifa urged the Parliament to "assume its responsibility amid these difficult conditions to overcome all the obstacles," in reference to the economic challenges emerging from falling oil prices.
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Parliament Secretariat: Salary Deduction of MPs who Boycotted Previous Session "Legal"
2016-01-23
Bahrain Mirror: The General Secretariat of Bahrain's Parliament issued a clarifying statement regarding what was published in the newspapers and media about "the deduction of the MPs salaries because of their absence during sessions" in which it emphasized that regulations allow the deduction in case of absence without an excuse.
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Fishermen: 10% of Sailors Stopped Fishing Due to Lift of Subsidies on Fuel
2016-01-23
Bahrain’s Professional Fishermen’s Association Secretary Abdul Ameer Al-Mughni stressed that 10% of the fishermen stopped fishing due to the decision to lift subsidies on fuel.