Moving Bahrain forward by implementing $32 billion on projects
GLOBAL INSIGHT
In February 2019, the courier giant FedEx Express signed up as the anchor tenant for a $58.5-million, 25,000-square-meter new cargo area at Bahrain International Airport (BIA). “This demonstrates the kingdom’s strong ...
GLOBAL INSIGHT
The launch of Bahrain International Airport’s (BIA) brand-new 210,000-square-meter passenger terminal building in 2019 will reinforce the kingdom’s central position in Middle Eastern air transportation. Four times larger than the ...
GLOBAL INSIGHT
In 2019, the CEO of Bahrain Airport Company (BAC), Mohamed Yousif Al Binfalah was elected as a director of the Asia-Pacific Regional Board of the Airports Council International (ACI), a ...
GLOBAL INSIGHT
The Bahrain Airport Company (BAC) is committed to building the skills of Bahraini citizens and helping them to reach their full potential. Currently, an impressive 80 percent of BAC’s employees ...
GLOBAL INSIGHT
In April 2018, Bahrain’s Minister of Oil Shaikh Mohamed bin Khalifa Al Khalifa announced the kingdom’s biggest hydrocarbon discovery in decades — an estimated 80 billion barrels of oil, and ...
GLOBAL INSIGHT
In March 2019, construction work officially started on an expansion and upgrade project at Bahrain’s main Sitra oil refinery that is thought to be the biggest industrial development ever initiated ...
GLOBAL INSIGHT
Although the outlook is bright for the Bahraini oil industry, the kingdom has no intention of straying off its very successful path of diversification and embracing the Fourth Industrial Revolution ...
GLOBAL INSIGHT
“Bahrain has developed an extensive fintech ecosystem to future-proof our financial services sector and further transition the country into an innovation-driven economy,” said Khalid Saad, CEO of Bahrain FinTech Bay ...
GLOBAL INSIGHT
In 2019, Aluminium Bahrain B.S.C. (Alba) will fully bring online a major expansion of its production site that will make it the world’s largest single-site aluminum smelter. “We will generate ...
GLOBAL INSIGHT
Bahrain has been an important financial center since the 1970s and, at 17 percent of gross domestic product, financial services is the kingdom’s second-largest sector after oil. “It is a ...
