Bahrain adds $470M in coronavirus impact spending to 2020 budget

14 July 2020; MEMO: Bahrain will add around 177 million dinars ($470 million) to its 2020 state budget in emergency spending on fighting the new coronavirus pandemic, state news agency BNA said on Monday, reporting a royal decree.

To this end, $450 million will be taken as a one-time deduction from the Future Generations Fund (FGF), a fund set up in 2006 to reinvest hydrocarbon revenues, and allocated to this year’s state budget, another new decree said.

Bahrain receives $4.57bn in aid from Gulf neighbours

7 May 2020; MEMO: Bahrain has received $4.57 billion in urgent financial aid from its Gulf Arab neighbours as part of a support package approved in 2018, a government document revealed.

According to the document Bahrain’s foreign exchange reserves amounted to $3.7 billion at the end of December 2019.

The government is expected to withdraw another $1.76 billion from the Gulf support package this year.

125 Bahrain nationals evacuated from India

Pune, Apr18 (PTI) One hundred and twenty-five Bahrain nationals, stranded here because of coronavirus outbreak, were evacuated on Saturday, an airport official said.

A special flight of Gulf Air evacuated 125 Bahrain nationals from here and flew to Chennai to take on board others, said a senior official of the Pune International Airport.

Before boarding the flight, they were screened.

"One of them had a high temperature so he was not allowed to get onto the plane. He was referred to a hostel facility," the official said.

Bahrain to pay salaries of private sector employees for 3 months

09 April 2020; MEMO: The Bahraini government announced yesterday that it will spend 215 million Bahraini dinars ($570 million) on the salaries of 100,000 employees working in the private sector for a period of three months, to mitigate the economic repercussions of the coronavirus pandemic.

The Bahraini Minister of Labour and Social Development, Jamil Humeidan, said employers wishing to take advantage of the government’s initiative should register on the General Authority for Social Insurance’s website.

Bahraini Ministry Closes Pharmacy For Hiking Prices Of Sanitisers

MANAMA, Apr 5 (NNN-BNA) – The Ministry of Industry, Commerce and Tourism, closes a pharmacy for hiking the prices of sanitisers, profiting from the exceptional conditions, resulting from the COVID-19.

The pharmacy, which is located in the area of Riffa, was found in breach of Law 35 of 2019, on consumer protection, said the ministry.

Bahrain prime minister returns from medical treatment in Germany

21 Mar 2020; MEMO: Bahrain’s Prime Minister Sheikh Khalifa bin Salman al Khalifa returned to the kingdom after medical treatment in Germany, the state news agency BNA said on Friday.

The agency said King Hamad bin Isa Al Khalifa received the prime minister on his return after a “full recovery.”

Khalifa, 84, has served as Bahrain’s prime minister since the Sunni Muslim-led island kingdom declared independence from Britain in 1971. The al-Khalifa family has ruled since 1783.

Fans Banned From Bahrain Grand Prix Due To COVID-19

DUBAI, Mar 9 (NNN-WAM) – Organisers of the Formula 1 Bahrain Grand Prix, confirmed that, this season’s race will take place without spectators, in order to help prevent the spread of COVID-19.

“In consultation with our international partners and the Kingdom’s national health Taskforce, Bahrain made the decision to hold this year’s Bahrain Grand Prix as a participants-only event,” a statement said.

Bahrain names GCC secretary-general as country’s new FM

03 Jan 2019; MEMO: Bahrain’s King Hamad Bin Isa Al Khalifa has appointed the Secretary-General of the Gulf Cooperation Council (GCC), Abdul Latif Al-Zayani, as the kingdom’s new minister of foreign affairs replacing Sheikh Khalid Bin Ahmed Al Khalifa.

The Bahrain News Agency (BNA) reported that Crown Prince Salman Bin Hamad Al Khalifa made the announcement during a meeting with Al-Zayani.

US-led maritime coalition begins mission to protect Gulf waters

8 Nov 2019; MEMO: A US-led naval coalition yesterday officially launched a mission from its base in Bahrain to protect shipping in the Gulf region following a series of attacks on ships and oil tankers.

The operation, dubbed Sentinel, will provide escorts to commercial vessels passing through the Gulf waters, the Strait of Hormuz, the Sea of ​​Oman and the Bab El-Mandab Strait in the Red Sea.

Industry Minister Opens Largest Underwater Theme Park In Bahrain

MANAMA, Sept 7 (NNN-BNA) – Minister of Industry, Commerce and Tourism, Zayed bin Rashid Al Zayani, officially inaugurated the largest underwater theme park, Dive Bahrain, which was announced by Personal Representative of the King, Shaikh Abdullah bin Hamad Al Khalifa, President of the Supreme Council for Environment.

The initial phase of the project has been completed recently, by submerging a 70-metre long Boeing 747, 20-22 metres below the water North of Bahrain, to become the first attraction of the 100,000 m2 theme park area.

Subscribe to Bahrain