Bahrain’s Commerce Minister and Gulf Air Board of Directors’ Chairman, Zayed Al-Zayani, said 39 new airplanes would start operating in April.

Bahrain International Circuit Chief Executive Salman bin Isa Al Khalifa said that Bahrain circuit achieved huge financial revenues that reached billion dollar within 10 years since 2009.

Bahrain will go ahead with imposing a value-added tax to strengthen state finances, Minister of Finance Sheikh Ahmed bin Mohammed al-Khalifa said on Wednesday, after domestic political opposition slowed the plan.

Bahrain’s sovereign wealth fund Mumtalakat is in early talks to invest in Softbank Group’s private equity fund that aims to target the technology sector, its chief executive said.

Bahrain’s central bank governor said on Tuesday that the country’s economic growth might accelerate because of the recovery of oil prices since mid-2017, but he warned that the government needed to be careful about its budget deficit.

Bahrain, Kuwait, Oman and Qatar may need more than a year and a half to introduce an agreed 5 percent value added tax (VAT) rate, said an International Monetary Fund (IMF) official.

The number of memberships entitled to vote in the 29th elections of the Bahrain Chamber of Commerce and industry reached 35 thousand represented by 81,000 votes, which is about 8 times more than the memberships in previous elections. The number of memberships in the chamber reached 55 thousand, while the number of inactivated memberships reached 20 thousand, chairperson of the elections committee said.

Central Bank of Bahrain (CBB) Governor Rashid Al-Miraj said that the bank is currently studying the operational environment of digital currencies to put appropriate regulatory restrictions and controls, indicating that the study needs 9 months, during which the risks and control mechanisms will be studied.

Oil Minister Mohammed bin Khalifa Al Khalifa announced an approach to review the petrol prices periodically, after finding a suitable mechanism to distribute subsidies to citizens, stressing on the necessity to conform to delivering the subsidies to citizens in a way that matches their income.

The current political climate will limit the benefits of the value-added tax (VAT) in parts of the GCC, such as Bahrain, stated a new report from BMI Research.

Bahrain’s Oil Minister said that the expansion of Bahrain Refinery is largest project in history of Bahrain Petroleum Company (Bapco) and will be officially signed between Bapco and Technip by end of January.

Bahrain's BAPCO offered 500,000 barrels of Banoco Arab Medium crude to load in February, the second month that the producer has offered prompt loading supplies, a tender document reviewed by Reuters showed on Friday

Private bus drivers said that the increase in petrol price will make them increase their prices by 30%, if the competent parties do not reconsider this decision.

Bahrain’s market witnessed an increase in the prices of a large number of food products by 10-20% rate after good (Jayyid) and excellent (Mumtaz) petrol prices surged.

The increase in petrol prices after a decision issued by the Oil and Gas Authority on Monday (January 8, 2018) angered the citizens and residents in Bahrain.

Bahrain raised gasoline prices on Monday to bring them closer to international levels, state news agency BNA reported, quoting the National Oil and Gas Authority.

Bahrain has increased petrol prices unexpectedly in phone calls made by the National Oil and Gas Authority officials to the country's refueling stations.

A local newspaper said on Monday (January 8, 2018) that the government plans to borrow 8 billion BD ($13 billion).

The prices of tobacco products, soft drinks and energy drinks will double as the Excise Tax on Selected Items Law will come into effect this Saturday, the Finance Ministry said. The new levies include 100% tax on tobacco products and 50% on soft drinks.

Statistics issued by Central Information Agency stated that the number of vehicles in Bahrain reached 700 thousand until 2016; i.e. a 52% increase during the past 10 years, starting from 2006 (337 thousand vehicles).