Bahrain's government revenue fell 29% in the first half of 2020 on the back of low oil prices and the coronavirus pandemic, the country's state news agency said on Monday.

Energy-rich Gulf Arab states could burn through all their savings in the next 15 years as worries about climate change and supply from new competitors dampen oil prices, the International Monetary Fund warned on Thursday, advising the nations to rein in their spending.

Low oil prices increase the credit challenges of the Gulf Cooperation Council (GCC) states, especially Saudi Arabia, Kuwait, Oman and Bahrain, said Moody's credit ratings agency.

The chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that its potential tie-up with Bahrain's Ahli United Bank will occur on phases.

Bahrain's gross domestic product, adjusted for inflation, shrank 1.2 percent from a year earlier in the first quarter of 2018 as oil production sagged, data from the official statistics agency showed on Wednesday.

Saudi Arabia, Kuwait and the United Arab Emirates will soon announce an integrated program to support Bahrain�s economic reforms and its fiscal stability, a joint statement from the three Gulf states said on Tuesday.

Bahrain raised gasoline prices on Monday to bring them closer to international levels, state news agency BNA reported, quoting the National Oil and Gas Authority.

Bahrain's oil minister, Sheikh Mohammed bin Khalifa al-Khalifa, said on Tuesday he sees no reason why the supply cut agreement between oil producing countries should not be extended on Nov. 30.

The National Institution for Human Rights (NIHR) received a delegation from the US Congress on a visit to Bahrain, in the presence of NIHR's Vice President Abdullah Al-Durazi, Head of Economic, Societal and Cultural Rights Committee Maria Khoury and Acting Secretary-General Khalifa Al-Fahdel.

The Bahraini government announced on Sunday listing BD 741 Billion of short-term debts on stock exchange market.

Bahrain�s prominent opposition figure and economist, Ibrahim Sharif, said that Bahrain is living in a state of real bankruptcy, and that it has debts amounting to more than 21 billion Bahraini Dinars.

Russia and Bahrain agreed to expand cooperation in liquefied natural gas (LNG) on Tuesday...

Moody's said Bahrain's fiscal deficits will stay wide and government debt will rise to 100% of GDP.

Gulf stock markets may have a weak bias on Tuesday after oil prices continued to edge down.

Bahraini sovereign fund Mumtalakat posted a 68.7 percent drop in 2015 net profit on Sunday, as lower...

Iran's oil exports are set to surge in May, climbing nearly 60 percent from a year ago, with European shipments recovering to about half of pre-sanction levels

Bahrain Mirror (Reuters): May 14 Moody's Investors Service cut its debt ratings for Saudi Arabia, Oman and Bahrain on Saturday while assigning negative outlooks to three neighbouring states, as low oil prices continue to undermine government finances in the region.

Bahrain Mirror (Moody's): Moody's Investors Service has today downgraded the Government of Bahrain's long-term issuer ratings to Ba2 from Ba1 and assigned a negative outlook. Today's rating action concludes the review for downgrade which Moody's initiated on 4 March 2016.

Bahrain Mirror: The King of Bahrain, Hamad bin Isa Al Khalifa, approved the state�s general budget for the two fiscal years 2015/2016 with a deficit that exceeds 3 billion Bahraini dinars.