Latest Bahrain News
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Sector estimated at $44.9b in GCC
(MENAFN - Arab Times) 4 million students enrol every year in basic education in region. A report issued by KFH-Research noted that the volume of education market in the GCC is 45 billion of total volume of the MENA region that is 75 billion. It added that the region spends 3.8 percent of total GDP on education. In addition, the report mentioned that there are five main factors that affect demand ...
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CBB Treasury Bills oversubscribed
The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain. The issue date of the bills is 15th May 2013 and the maturity date is 14th August 2013.The weighted average rate of interest is 0.70 %, compared with 0.68% for the previous issue on 8th May 2013.The approximate average price for the issue was 99.823 % with the lowest accepted ...
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Cluttons in Bahrain Seef Corner reaches 100 occupancy within three months of its marketing campaign
Cluttons, the real estate specialist which has enjoyed a dedicated Middle Eastern presence since 1976, confirms the end of the leasing campaign for Seef Corner, with 100% occupancy achieved in three months. The final two tenants were signed in March 2013 and round off an impressive client mix that will ensure Seef Corner's success as a premier retail destination for a range of lifestyle ...
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GCC investments in digital education programs rising
Digital education programs being introduced to schools in Saudi Arabia, Qatar and the UAE will have a positive long-term effect on students, says the regional president of Pearson, the world's leading education ...
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Public Security Chief No Particular House or Person Was Targeted
Manama, May 17. (BNA) - In response to reports by some media outlets and social media networks on raiding and searching of the house of Shaikh Isa Qassim in Diraz, Chief of Public Security Major-General Tariq Al-Hassan stated that the Interior Ministry issued earlier today a statement in which it said that an on-duty police force was attacked with a home-made weapon in Diraz, and that two police ...
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IMF tells Bahrain to urgently cut public debt
The International Monetary Fund (IMF) has said that Bahrain, which last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, Reuters has reported. The kingdom raised its original 2012 expenditure plan by almost 19% in September 2011 after protesters took to the streets of the capital Manama to demand reforms. "Overall fiscal ...
Bahrain Spotlight
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Bahrain’s mortgage market weathers recession while other industries struggle
Bahrain’s sound fiscal health, as well as prudent investment decisions by industry leaders has created a situation in which the country is in a fairly strong position compared to other GCC states, especially with regards to the mortgage market, but it’s not all good news.
Bahrain’s mortgage market has achieved significant growth despite a challenging market and is now worth $1.4 billion dollars, making Bahrain one of the strongest countries in terms of realty in the GCC (Gulf Cooperation Council). There are a number of reasons for this. Read more
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