Fitch Ratings today affirmed Bahrain’s long-term foreign currency issuer default rating (IDR) at BBB and local currency IDR at BBB with a stable outlook. The issue ratings on Bahrain’s senior unsecured foreign and local currency bonds have also been affirmed…
Category: Bahrain
MEED presents Bahrain Energy Project report to Bahrain’s Finance Minister
A MEED report on Bahrain’s large project programme to 2022 and beyond was presented yesterday in Awali to Bahrain’s Minister of Finance Shaikh Ahmed Bin Mohamed al-Khalifa by MEED Events Chairman Edmund O’Sullivan. Shaikh Ahmed is also responsible for Bahrain’s…
IPO planned for Bahrain’s container port: Reuters
Bahrain’s Transport Ministry told Reuters yesterday that an initial public offering (IPO) is planned of shares in the kingdom’s Khalifa bin Salman Port, a privately-operated container terminal. It would be Bahrain’s first big IPO since 2010, Reuters said. The port…
Alba considers building 1,500MW power plant to support pot-line six project, MEED conference told
Aluminium Bahrain (Alba) is considering building a 1,500MW combined cycle power station as part of the pot-line six expansion project, which will raise its capacity to 1.3m tonnes in 2017, the MEED Bahrain Energy Forum was told today. The expansion…
Expansion on agenda for Bahrain energy industry, MEED conference told
Bahrain’s energy industry expansion plans include projects worth more than $20bn in total, the MEED Bahrain Energy Forum in Manama was told this morning. The conference was told that the projects being developed include; Continuing investment in upstream oil and…