Friday 19 April 2024
 
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Commerce Ministry

Business licensing system among top achievements

The launch of Business Licensing Integrated System (BLIS), a food manufacturing complex being built in Hidd with a new $90-million biscuit factory as its centrepiece, 96.4 per cent resolution of consumer disputes and Manama being declared the ca

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Bahrain plans clamp on inactive firms

Almost half of registered companies in Bahrain are inactive, a government minister said, adding that several procedures have been introduced to clamp 'non-existent businesses' in co-operation with government bodies and the Central Bank.

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Bahrain to grant CRs in 40 minutes

Bahrain’s Industry and Commerce Ministry has streamlined processes and procedures that will potentially allow commercial registrations (CRs) to be obtained within 40 minutes of submitting an application. Speaking at a Press

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GCC firms 'can open Bahrain branches'

Bahrain’s Shura Council has approved the bill that allows companies owned by GCC nationals to open branches in the kingdom in a move to help develop businesses and diversify sources of income. Under the bill, GCC companies w

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New Bahrain portal to spur Gulf business ties

A Bahrain subcontracting and partnership exchange portal has been launched by the Industry and Commerce Ministry in co-operation with the Gulf Organisation for Industrial Consulting (GOIC). It aims to bring together and match enquiries

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Bahrain plans tyre recycling factory

A plant specialised in recycling worn-out tyres could soon be established in Bahrain, according to the Industry and Commerce Ministry. The ministry has issued an initial licence for a GCC investor to set up the plant. A foreign inv

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Don't raise prices Bahrain’s traders warned

Strict action will be taken against traders who exploit a new rise in the salaries of government and military employees in Bahrain, the Industry and Commerce Ministry said. It follows concerns by citizens that traders will start raising th

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Bahrain investment surges 26 per cent

The volume of investments in Bahrain increased by 25.6 per cent over the first three months of this year, compared with the same period last year. However, the volume of transactions dipped in February and March due to the unrest, the Indu

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Meet-the-buyer event success

A Meet-the-Buyer seminar hosted by Origin Oman, an initiative to promote locally-made products, attracted more than 200 ministries as well as a host of manufacturers, retailers, wholesalers and distributors. The seminar was held yesterday

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