The United States announced a $350 million sale of military equipment and the refurbishing of helicopters and missile launchers to Bahrain.

Bahraini political societies have called on the government to take steps similar to those taken by Gulf governments to ease the living burden on citizens.

Why is it that the Bahraini Finance Minister is talking about the state budget deficit while oil prices increased more than double the price set by the government?

Bahrain expects a significantly narrower budget deficit for the first half of 2022 due to high oil prices, Minister of Finance and National Economy Salman bin Khalifa Al-Khalifa said on Monday.

The International Monetary Fund (IMF) expects Bahrain's oil revenues to rise by 39% with the increase of oil prices, giving Bahrain wider options to deal with its financial crisis and public debt

Bahrain's 2022 budget will record a surplus for the first time in 14 years, supported by the increasing crude oil prices, a Kuwaiti economic report predicted Sunday.

Bahrain's cabinet approved plans to offer permanent residence to some foreigners and their families as part of the Gulf nation's plans to bolster its economy, Bloomberg website stated.