Official statistics revealed that total state expenditure on social security beneficiaries from 2007 to 2019 amounted to about a quarter of a billion Bahraini dinars.

Bahraini Oil Minister Sheikh Mohammed bin Khalifa bin Ahmed Al Khalifa has appointed Dawood Nassif as the chairman of the board of directors of Bahrain Petroleum Company (Bapco), the Bahrain News Agency (BNA) said on Tuesday.

The tenders and bids board opened two bids for Gulf Air, the first of which is to finance the sale and re-lease of 4 (B787-9) aircraft. 8 bids were proposed without disclosing the value of any of them.

The Ministry of Health has put forward a tender to provide solutions and operating supplies to the main laboratory of the Salmaniya Medical Complex. Two bids were proposed, the lowest of them was 850 thousand dinars, and the highest was approximately 1.3 million dinars

The Bahrain Authority of Culture and Antiquities (BACA) proposed a tender to construct the Pavilion for the Kingdom of Bahrain for the World Expo 2020 in Dubai. Two bids were proposed, the lowest of them was 3.4 million dinars, and the highest was approximately 5 million dinars.

Bahrain's National Oil and Gas Holding Company (NOGA Holding) signed a memorandum of understanding (MOU) with Baker Hughes Company on cooperation in the oil and gas sector in the kingdom, it said in a statement on Wednesday.

The CEO of Mumtalakat Holding company, Mahmoud Al-Kooheji, confirmed that Gulf Air and Bahrain International Circuit Company are among the five unprofitable companies.

Bahrain and Qatar's credit ratings are the most vulnerable in the event an escalation of U.S.-Iran tensions causes blockages in the Strait of Hormuz, one of the world's main oil shipping arteries, S&P Global said on Thursday.

Vice president of Bahrain Airport Services (BAS) Nabeel Khalid Kanoo said that the company is going through a very critical phase, due to the delay of the Gulf Air Company in paying its dues, stressing that the government delays providing financial support for Gulf Air.

Mumtalakat announced achieving BD 55.8 million net profits in 2018.

Bahrain is to allow foreign companies to own 100 percent of oil and natural gas extraction projects in the Gulf state, under an order issued by Prime Minister Sheikh Khalifa bin Salman Al Khalifa on Sunday, Bahrain News Agency reported.

Moody's changed the outlook for Bahrain's banking system to stable from negative as economic growth accelerates and due to the support package from gulf neighbours.

Bahrain said it received $2.3 billion last year and is expecting another $2.28 billion in 2019 under an agreement with its Gulf allies to bail it out of a deficit, the government said on Thursday.

Data from the Central Bank of Bahrain (CBB) showed the public debt of Bahrain during the first quarter of 2019 remained stable at 11.457 billion BD.

Bahrain has signed 12 agreements and memoranda of understanding with French companies and institutions worth $2 billion, Bahrain news agency (BNA) reported on Monday.

Chairman of Board of Directors of Bahrain Kuwait Insurance Company Murad Ali Murad said that the company will reduce its branches to the half after merging them with Takaful International Company.

Bahrain's state-owned Tatweer Petroleum said it would sign agreements within a few weeks with Italian oil major ENI and Japan's JX Nippon to develop the Bahrain field.

Member of the Finance and Economic Committee, MP Ahmed Al-Salloum, revealed that the total profits of Bahraini companies that "Mumtalakat" owns shares in their capital amounted to BD 212 million.

CEO of Bahrain Commercial Facilities Company Adel Hubail said that "new car sales grew by 4% in 2018," indicating that the decisive factor in high sales was the announcement of the VAT implementation at the beginning of 2019. He said that the increase was monitored in December 2018.

First Vice President of Bahrain's Chamber of Commerce and Industry Khalid Al-Najibi said that the issue of owed money to small and medium-sized enterprises by the government has become an obsession to these enterprises, and has greatly affected their work.