Bahrain Awards Golden Licenses to Four Major Projects

Bahrain Awards Golden Licenses to Four Major Projects

The Government of Bahrain announced that it awarded Golden Licenses to four major projects at the Gateway Gulf 2026 investment forum, held on November 1 and 2. The projects are expected to attract a combined investment of USD 3.89 billion.

In the aviation sector, three aviation businesses led by Capital A, the parent company of AirAsia, were selected. The initiatives aim to strengthen connectivity with the Far East and Europe, increase air cargo capacity through the phased expansion of cargo operations, enhance domestic aircraft maintenance, repair and overhaul (MRO) capabilities, and reinforce Bahrain’s position as a regional aviation hub.

DHL will establish its first and only regional MRO facility at Bahrain International Airport. The facility will support its growing fleet and expand the capabilities of its global operations based in Bahrain.

Other selected projects include a waterfront development in Amwaj undertaken by Meliá in partnership with Infracorp. It will feature a five-star hotel and Meliá-branded residences. Digital City Bahrain will also establish a next-generation hub for ICT, innovation and education.

Gateway Gulf is an invitation-only forum hosted by the Bahrain Economic Development Board (Bahrain EDB), and this year marked its fourth edition. Held at Four Seasons Hotel Bahrain Bay, it was attended by more than 200 participants, including ministers and senior government officials from various countries, corporate executives and investors.

Non-oil sectors account for approximately 86% of Bahrain’s GDP. Under its public-private “Team Bahrain” approach, the country is advancing investments in digital transformation, regulatory development and talent development.

Notice
This article was generated using automatic translation by GPT-4 API.
The translation may not be accurate.