US cautious on Iran’s Bahrain frozen funds claims, warns of sanctions

The official Islamic Republic News Agency reported on Monday that officials from Iran's and Bahrain’s central banks held a meeting on Sunday to discuss the release of Iran's “foreign exchange resources in Bahrain.”

Bahrain

Who is Saraya al-Ashtar, Bahraini group that claimed to target Israel?

US and Bahraini officials have said Saraya al-Ashtar operates from Iranian territory.

Bahrain

Bahrain's Investcorp, China's CIC launch $1B Sino-Gulf investment platform

The companies the fund will target are expected to have high growth potential in attractive sectors, including consumer, health care, logistics and business services, the Bahrain-based alternative asset manager said.

Bahrain

What does EU visa relaxation for Saudi, Bahraini, Omani citizens mean?

Under the new rules, Bahraini, Omani and Saudi Arabian nationals will be eligible for multiple-entry visas, allowing them to visit the Schengen area (the EU’s 27 member states as well as Bulgaria and Romania) and move freely between them.

Saudi Arabia

Middle East sees 23% drop in VC funding: Qatar, Bahrain, UAE hardest hit

Qatar saw VC investments tumble by 57% to 43 million QR ($11.81 million), eclipsed only by Bahrain with an 82% drop.

Qatar

Davos 2024: Inside Investcorp’s plan to build China-Gulf 'investment bridge'

In an interview with Al-Monitor, co-CEO Hazem Ben-Gacem said there is a big push for infrastructure funding in the Asia-Pacific region, controlled buyouts in Japan and growth investments in India and China.

Bahrain

Analysis

Explainer: Why Bahrain supported US strikes on Yemen’s Houthis

Bahrain’s geographical position and close ties to the US are influencing its policy on the Houthis’ attacks on ships in the Red Sea.

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business

The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said.

Bahrain

In first, Bahrain asset manager targets up to $550 million in China yuan fund

Gulf buyers have announced 13 acquisitions of public and private Chinese companies so far in 2023, compared to just one in the same period of last year, according to data compiled by LSEG.

Bahrain

Bahrain inks US deal on heels of prison hunger strike

Crown Prince Salman bin Hamad Al Khalifa met with senior US officials in Washington following the largest prison protest in Bahrain's history.

Bahrain

Hamas, Hezbollah lash out at Bahrain as Israeli FM concludes visit

Hamas criticized the visit as Israel’s relations with the island kingdom continue to improve, despite historically high tensions with the Palestinians.

Israel

Bahraini cryptocurrency firm Rain to operate in UAE

Cryptocurrency is growing in both the UAE and Bahrain amid regulatory challenges and market downturn.

Legacy: Gulf