Tue, 21-Oct-2025

Bahrain announces long-term visa to ‘boost economy’

bahrain

MANAMA: Bahrain on Monday announced the creation of long-term visas for foreigners in an effort to “boost the economy”, following in the footsteps of some of its Gulf neighbours. With just over half of its 1.7 million population made up of foreigners, Bahrain is seen as a hub for professional expatriates, like much of the … Read more

Bahrain outlook improves on fiscal reforms: S&P

Bahrain

S&P Global Ratings has revised Bahrain’s outlook to ‘stable’ from ‘negative’ on the back of new fiscal reforms aimed at improving non-oil revenues and cutting state spending, Reuters quoted the ratings agency, as saying in a statement. Rated below investment grade, Bahrain was bailed out to avoid a credit crunch in 2018 with a $10 … Read more