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Business

Finance Minister affirms strength of Bahraini-Saudi relations

Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, has affirmed the strength of the deep-rooted fraternal Bahraini-Saudi ties, which have always been based on distinguished strategic partnership, unified stances and joint c…

National consumption of petroleum products up by 7% in H1 2023

National consumption of petroleum products rose by 6.7% in the first half of 2023, reaching nearly 8.69 million tonnes, as a result of the country’s economic recovery, according to Chairman of the Hydrocarbons Regulatory Authority (ARH), Rachid Nadil.S…

RERA revokes the licence of an agency for breaching regulations

The Real Estate Regulatory Authority (RERA) has announced that it revoked the licence of a real estate agency.The owner had exceeded the scope of the permit which was issued to him, in accordance with the provisions of the Real Estate Sector Regulation…

CBB raises key interest rate by 25 basis points

In light of the development of the international financial market and the continuous measures taken by the Central Bank of Bahrain (CBB) to achieve monetary and financial stability, the CBB has decided today and effective immediately to raise its key p…