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Bahrain

Saudi-led coalition discuss 'cooperation' with Qatar, ahead of GCC summit
World

Saudi-led coalition discuss 'cooperation' with Qatar, ahead of GCC summit

  • On Sunday, foreign ministers of the Gulf Cooperation Council (GCC) countries held a virtual meeting discussing "cooperation" ahead of a landmark regional summit next month, amid efforts to end the rift between Qatar and a Saudi-led alliance.
  • Foreign ministers from Saudi Arabia, the United Arab Emirates, Bahrain, Oman and Kuwait took part in the meeting, while Qatar was represented by its Minister of State for Foreign Affairs.
Updated 28 Dec, 2020 05:58pm
Bahrain says it won't allow imports from Israeli settlements
World

Bahrain says it won't allow imports from Israeli settlements

  • Bahrain and the UAE formalised ties with Israel on Sept. 15, in a U.S.-sponsored deal billed by the Gulf states as being made possible by Israel’s shelving of a plan to annex West Bank settlements.
  • Under European Union guidelines, settlement products should be clearly labelled as such when exported to EU member countries.
Published 05 Dec, 2020 05:37pm
Israel, Bahrain agree to open embassies
World

Israel, Bahrain agree to open embassies

  • I was pleased to convey to Minister Ashkenazi the Kingdom of Bahrain's formal request to open an embassy in Israel.
  • Israeli and Bahrani officials signed several memoranda of understanding in October in Manama covering trade, air services, telecommunications, finance, banking and agriculture.
Published 18 Nov, 2020 05:58pm
Bahrain adds $470mn in coronavirus impact spending to 2020 budget
World

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

  • 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.
  • The decrees also announced a temporary halt to the allocation of oil revenues to the FGF until the end of 2020.
Published 13 Jul, 2020 08:53pm