With the beginning of 2018, Diesel prices will increase according to timeline for reconsidering fuel prices. Diesel prices will increase to 160 fils per liter and to 180 fils with the beginning of 2019.

The local “Akhbar Al-Khaleej” newspaper said that those who have the right to vote in the 29th election session of the Chamber of Commerce and Industry reached about 100.000 voters.

Minister of Industry, Commerce and Tourism Zayed Al-Zayani issued a number of decisions suspending and refusing renewal for 15 tourist facilities, for breaching the obligations and touristic legislative provisions in a way that harms the national tourism interest. The decisions included facilities in number of hotels.

Bahraini Finance Minister Ahmed bin Mohammed Al Khalifa said that Bahrain will start implementing the selective tax law as of early 2018, i.e. 10 days from now.

45 candidates will run the elections of the Bahrain Chamber of Commerce and Industry that is to be held on March 10. It is to note that this will be the 29th election session for the board of directors. This session will witness momentum of old candidates and new youth candidates.

The European Union has published its first blacklist of tax havens, naming 17 territories including three Arab countries: Bahrain, United Arab Emirates and Tunisia.

Bahrain will join a group of countries committed to fighting corporate tax avoidance as it seeks to be taken off the European Union's tax-haven blacklist, the Bahraini Ministry of Finance said on Thursday.

The Shura Council approved in its session held recently a bill that provides for the deduction two dollars from every barrel of crude oil whose price exceeds $80.

State-run Bahrain Petroleum Co (Bapco) has awarded a consortium led by UK-based TechnipFMC a contract to expand Bahrain's only oil refinery, sources close to the matter told Reuters on Friday.

S&P Global Ratings on Friday lowered Bahrain’s long-term foreign and local currency sovereign credit ratings on Bahrain to ‘B+’ from ‘BB-'.

Average daily rates (ADR) at Bahraini hotels fell to its lowest October mark for 11 years, according to new data released by analysts STR.

The Minister of Cabinet Affairs Mohammed Al-Mutawa demanded to impose a tax on income in Bahrain, stressing that the challenge Gulf States face is remaining rentier states that depend on oil in feeding their budgets. Al-Mutawa pointed out that Bahrain depends on oil in 86% of its budget.

Bloomberg, the economic news website, said in a report that emerging-market money managers are looking to identify countries that might run into trouble down the road.

The judicial Committee for the Settlement of Stalled Real Estate Projects set November 29 as a date of Amwaj Gateway project auction.

Gulf Air announced the appointment of the Croatian Kresimir Kucko as the chief executive officer of the airline starting November 12, 2017.

Bahrain's oil minister, Sheikh Mohammed bin Khalifa al-Khalifa, said on Tuesday he sees no reason why the supply cut agreement between oil producing countries should not be extended on Nov. 30.

Bahrain dollar bonds fell across curve on Wednesday, as assets across the region continued to drop in the wake of a sweeping anti-graft crack-down in Saudi Arabia.

The Parliament approved in its session (Tuesday November 7, 2017) the regulations of the agreement that unifies the GCC selective taxation, and thus they went contrary to the recommendations raised by the financial committee.

Yields on Bahrain's international bonds inched up after a report that the kingdom was seeking financial aid from its Gulf allies but traders said there was no panic in the market, suggesting investors believe Manama can count on help from other states.

Bloomberg website specified in economic affairs revealed that Bahrain has asked Gulf allies for financial assistance as financial crisis in the country aggravates.