UAE-Bahrain Trade Returning To Pre-coronavirus Levels
Bahrain's trade for the first half of the year reached $10.4bn globally, down 2% on 2019
Trade between the UAE and Bahrain has returned to levels not seen since before the Covid-19 pandemic, with new figures revealing $936 million in bi-lateral commerce during the first half of the year.
June's figures showed the positive economic impact of support measures on the economies of both countries, with trade returning to $139.6 million – the highest levels since coronavirus struck the region in March this year.
According to the new figures, Bahrain's overall trade for the year-half reached $10.4 billion globally, including $2.9 billion to other GCC nations.
Bahrain's overall trade for the year-half reached $10.4 billion globally
Despite the Covid-19 pandemic, the kingdom's overall global trade figures during H1 reduced by just two percent.
Exports to the GCC over the first half of the year represented 66 percent of the total figure, while imports to the kingdom from the rest of the GCC represented 34 percent of Bahrain's bilateral trade.
Emirates NBD Offers Employees Hybrid Work With Letswork Collaboration
Bank staff can use 4,000 secured desks and offices as the company embraces evolving work trends; 12-month pilot program... Read more
Mahindra & Mahindra Exits RBL Bank With $77.1 Million Stake Sale
Indian automaker sells entire 3.53% stake in RBL Bank, earning a substantial profit just over two years after initial i... Read more
Emirates NBDs Open Offer For Stake In RBL Bank To Launch On December 12
Date set for open offer that could see Emirates NBD Bank acquire up to 26% of its shares from public shareholders The p... Read more
UAEs New Retail Sukuk Programme Set To Benefit Islamic Banks
Plans to allow retail investors to invest in government-backed Shariah-compliant instruments will generate new revenue ... Read more
Saudi Insurers Profits Fall 40% In H1 2025
Saudi Arabia’s listed insurers saw profits drop sharply in the first half of 2025 as weak pricing and competition squ... Read more
Saudi Arabia Warns Firms To File Withholding Tax By November 10 Or Face Fines
ZATCA urges Saudi businesses to file withholding tax returns by November 10 to avoid 1% monthly penalties on unpaid tax... Read more
-page-001.jpg?itok=5kC9f2UY)