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» Economics
  • Bahrain Credit Rating Equal to that of Egypt, Bolivia and Jamaica...Public Debt Increases to 130%
    2020-08-19

    Fitch cut Bahrain's sovereign rating one step to B+, leaving it four levels below investment grade and on par with Egypt, Bolivia and Jamaica. The outlook is stable.

  • Moody's Forecasts Gulf Sovereign Sukuk Issues to Hit $34bln in 2020
    2020-08-12

    Sukuk issuance by Gulf sovereign borrowers is expected to rise to around $34 billion this year, from $25 billion in 2019, as funding needs rise as a result of lower oil prices and the coronavirus crisis, Moody's said.

  • Bahrain Gov't Revenue down 29% in First Half of 2020
    2020-08-11

    Bahrain's government revenue fell 29% in the first half of 2020 on the back of low oil prices and the coronavirus pandemic, the country's state news agency said on Monday.

  • Bahrain Exports Fell to $1.4 Billion in Q2
    2020-07-28

    The Kingdom's trade deficit fell to BD485 million ($1.29) during the second quarter 2020 compared to BD492 million ($1.31) for the same quarter of the previous year, recording a 1.4% decrease on an annual basis, the Information & eGovernment Authority (iGA) stated.

  • Bahrain Raises its holdings of US Bonds from USD 721M to 1.323B
    2020-07-21

    Bahrain has raised its holdings of United States bonds to $1.323 billion, an increase of 83% on an annual basis.

  • Gulf Deficits Expected to Hit $490bln by 2023, Standard & Poor's Report
    2020-07-21

    Countries of the energy-rich Gulf are expected to accumulate $490 billion in deficits by 2023 due to the double hit of low oil prices and the coronavirus slowdown, Standard and Poors said in a report.

  • Millionaires Hold about 70% of Wealth in Bahrain (Boston Consulting Group Report)
    2020-07-21

    The twentieth annual study of global wealth management conducted by Boston Consulting Group (BCG) revealed that the year 2019 witnessed 68.8% of wealth being held by millionaires in Bahrain, while the study expected the number of millionaires in the Kingdom to grow by 1.1% annually in the coming years.

  • Despite National Bank of Bahrain Loan, McLaren Needs More Money
    2020-07-11

    McLaren Group says falling sales of its vehicles means that it will need to raise further funds, despite securing a life-saving 150 million pound ($190 million) loan in June.

  • McLaren Reportedly Looking To Sell Part of Its Formula 1 Team
    2020-07-10

    McLaren is looking to sell a share of its Formula 1 team after months of hardship triggered by the coronavirus pandemic and the delayed start of the F1 season, the sports Car Scoops websites reported.

  • Bahrain's GDP Growth Rate down by 1.1% in Q1 2020
    2020-07-07

    The Ministry of Finance and National Economy published the Q1 2020 Bahrain Economic Quarterly report for the Kingdom of Bahrain. The report revealed a decline in real GDP growth (at constant prices) at a rate of 1.1% YoY.

  • National Bank of Bahrain Grants McLaren £150 Loan
    2020-07-06

    The National Bank of Bahrain has granted a £150million loan to McLaren to help it cope with the aftermath of the Coronavirus pandemic.

  • McLaren Poised to Secure Loan from National Bank of Bahrain
    2020-06-25

    McLaren is poised to secure a loan from the National Bank of Bahrain to solve its cash-flow problems, news websites have learned.

  • Foreigners Acquired 95% of Jobs, Remittances Reached 1,299 Billon BD: Recent Study
    2020-06-21

    A recent study confirmed that about 95% of the private sector jobs have been acquired by foreigners in recent years, noting that remittances abroad have increased significantly.

  • McLaren Considering Sale of a Minority Stake in F1 Team
    2020-06-21

    McLaren are considering selling a minority stake in their once-dominant Formula One team to raise funds to help the company weather the COVID-19 crisis, Sky News reported on Wednesday.

  • Losses of Bahrain-Saudi Arabia Bridge Closure Exceeds 500 Million BD (BCCI Member)
    2020-06-19

    Abdulhakim Al-Shammari, Chairman of Commercial Market Committee and Board Member of BCCI, stressed the need to open the bridge linking Bahrain and Saudi Arabia to reduce the losses the Bahraini economy has suffered as a result of this closure, which occurred due to measures to combat the Coronavirus epidemic.

  • Bahrain Reduces US Bonds Holdings by 17% in April
    2020-06-19

    Bahrain's holding of U.S. bonds fell by 17% in April 2020, on a monthly basis.

  • Saudi Aramco Cuts Hundreds of Jobs amid Oil Market Downturn, Sources Say
    2020-06-19

    State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis.

  • Gulf Bourses Rise after Petroleum Prices Hike
    2020-06-17

    Gulf bourse markets rebounded on Tuesday, tracking the impact of global equities, supported by the increasing oil prices due to record cuts in supplies and increase on oil demands.

  • Government Pumps Additional BD177 Million into this Year's Budget
    2020-06-17

    The government has agreed to pump an additional BD177 million ($470.7 million) into this year's budget to deal with the emergency expenditures incurred by the country as a result of the Coronavirus pandemic.

  • Bahrain Fiscal Deficit Expected at 12% of GDP in 2020: S&P
    2020-05-31

    Bahrain's fiscal deficit is seen widening to 12% of GDP this year from 4.6% in 2019, largely due to lower oil prices, S&P Global Ratings said on Saturday.


  • Pages : 31
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  • Reports
  • Economics
  • Interviews
  • Verdicts
  • Bahrain: One Step Forward, Two Steps Back
  • Ali Haji May Face Imprisonment Again on Charges of "Penetrating a Restricted Area"
  • Was the Resumption of Flights with Iraq Expected?
  • Recent Releases in Bahrain: Something Has Changed
  • Return of Repression to Bahrain's Streets with the Crown Prince and Prime Minister's Blessing
  • King's Historic Chance
  • What's the Aim behind Canceling Friday Holiday?
  • S&P Revises Bahrain's Outlook to "Stable" on Fiscal Deficit Worries
  • Haj Sumoud Transferred from Dry Dock Prison to Al-Salmaniya Emergency Department after His Health Deteriorated
  • Bahraini Mumtalakat Buys Saudi McLaren's Stake
  • After Allocating $5 Billion Investment Fund, Is Bahrain Waiting New Saudi Support?
  • Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
  • Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
  • Bahrain's Alba Says Europe Wary of ordering Aluminium for Next Year
  • Int’l HR Activists to Bahrain Mirror: Nabeel Rajab’s Sentence Warning to those who Speak against Gov’t, Trajectory of Bahrain under Ruling Family is for Instability not Stability
  • Activists to Bahrain Mirror on UPR: US Stance Surprising, UK's Stance like any Arab Country
  • “Takrooz” Reveals Himself: I’m a State Not a Person, I Don’t Leave a Word Unspoken
  • Rayhana Al-Mosawi Opens Up to Bahrain Mirror about Her Prison Woes: I Was Questioned by Emirati Officers & Stripped by Policewomen
  • Dr. Masoud Jahromi in Interview with Bahrain Mirror: I Waved Goodbye to the One who Deported Me
  • Bahrain Mirror Interviews Mahdi Abu Dheeb: Well-known Journalist, Activist & TV Director Filmed My Forced Confession
  • Bahrain Mirror’s All-Inclusive Interview with Ibrahim Sharif: While Tortured, I Thought of the Popular Front & Abdulrahman al-Nuaimi
  • Appeals Court Upholds 2-Year Jail Verdict against Mohammad Al-Zayani
  • Only 3-Year Prison Term Handed Down to Three Bahrainis who Joined ISIS
  • Bahraini Sentenced to 10 Years in Prison, Charged with Throwing Molotov Cocktail at Police Car
  • Bahrain Court Fines 5 Members of Prisoners' Families 1,000 BD Each for Violating Ban on Gatherings
  • Sheikh Ibrahim Al-Ansari Receives 6-Month Jail Term over Religious Lecture
  • Cassation Court Upholds One-Year Jail Term against Sheikh Abdulmohsen Al-Jamri over Religious Lecture
  • Death Sentence against 3 Asians over Deliberate Murder
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  • 2022-07-07Israel Reaches Record Trade Increase With Arab States Under Abraham Accords
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  • 2022-06-06Biden should not Visit Saudi, Meet Crown Prince: US Lawmaker Adam Schiff
  • 2022-06-01Israel Signs UAE Free Trade Deal, Its First in Arab World
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