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Bahrain Government News

27 Jul 2020

How a US Navy Base in the Gulf Tackles Coronavirus

(U.S. Navy photo by Justin Yarborough)

At the U.S. Navy’s main base in the Gulf, military staff are strictly abiding by rules to stem the spread of the new coronavirus.The Bahrain base houses the U.S. Navy’s Fifth Fleet and U.S. Naval Forces Central Command (USNAVCENT), operating in the Gulf amid high tensions between Iran and the United States.“It is necessary for everyone to assume that they are infected at all times,” said base commanding officer Captain Greg Smith, citing learning about asymptomatic carriers of the virus.“Our job is important and it must continue.”With people living and working in close proximity on base…

01 Nov 2018

APM Terminals Bahrain IPO Aims to Raise USD 30 mln

Port operator APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport and logistics company in the Kingdom to list on the Bahrain Bourse. The listing forms part of the contractual agreement made when the port opened in 2009.APM Terminals Bahrain will offer 18 million shares, equivalent to 20 per cent of its issued share capital, at BHD0.66 per share. The net proceeds will be paid to its current shareholders pro-rata based on their shareholding. APM Terminals currently holds 80% of the shares and the remaining 20% of shares are held by YBA Kanoo Holdings of Bahrain…

05 Feb 2008

Bahrain CG Boats Arrive at Abu Dhabi Shipbuilding

The first four Bahraini Coast Guard boats arrive at Abu Dhabi Ship Building. Four Bahrain Coast Guard boats arrived at the Abu Dhabi Ship Building (ADSB) shipyard in Mussafah, Abu Dhabi, to undergo a major refit and upgrade program. These are the first four boats out of a total of ten boats that will be refitted and upgraded under a contract signed with the Bahrain Government in late 2007. The contract provides for the complete refurbishment of the vessels including new propulsion and auxiliary machinery, accommodation facilities and navigation equipment.