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Bahrain International Airport

Bahrain International Airport (IATA: BAH, ICAO: OBBI) (Arabic: مطار البحرين الدولي‎) is an international airport located in Muharraq, an island on the northern tip of Bahrain, about 7 km (4 miles) northeast of the capital Manama. It is the primary hub for Gulf Air and Bahrain Air.

A BD113m ($300 million) expansion and refurbishment program was launched in the third quarter of 2006 which will see the creation of a new multi-storey car park and retail complex adjacent to the main terminal building. The expansion also includes a full resurfacing of the main runway, a new perimeter fence, state-of-the-art security systems and additional aircraft parking bays. Runway 12R/30L is mostly used as a taxiway.

A significant portion of passengers served by the airport are Saudis and Western expats working in the Eastern Province of Saudi Arabia. Designated bus and limousine services move passengers from Dammam, Khobar and other Saudi cities to Bahrain Airport. Many passengers from the Eastern Province choose not to use the mainland King Fahd International Airport. This is largely because it is economical for some airlines to operate only from Bahrain, giving more flight options to passengers from Bahrain Airport and the convenience provided by the King Fahd Causeway.

The airport has a three star rating from Skytrax's airport grading exercise along with seven other airports. In 2010, Bahrain Airport was named as the winner of the Best Airport in the Middle East Award at the Skytrax 2010 World Airport Awards.

History

The first scheduled commercial airliner to arrive in Bahrain, in 1932, was a flight from London to Delhi operated on a Handley Page H.P.42 aircraft named "Hannibal." The H.P.42 carried only 24 passengers, and the flight from London had taken several days of flying at speeds of 100 miles per hour. Through this regularly scheduled service, Bahrain became established as the Persian Gulf's first international airport.

During World War II, the airport was used by the United States Army Air Force Air Transport Command Central African Wing, being designated as Station # 13. It functioned as a stopover en-route to Abadan Airport, Iran or Sharjah Airport, in present day UAE on the Karachi-Cairo route. From the end of World War II until Bahrain's independence in December 1971, the Royal Air Force maintained a military installation at the airfield known as RAF Muharraq. The majority of these facilities were later acquired by the Bahraini flag carrier airline, Gulf Air, while a small portion continues to be utilized by the U.S. Navy as Aviation Support Unit (ASU) Bahrain.

Bahrain forex Twitter

Bahrain Financial Exchange (BFX) has received strong interest from 50 leading financial institutions and brokerage companies to date from its membership drive campaign, with many of the institutions having started the membership application process.

The multi-country tour which commenced in the beginning of June includes a series of meetings in India, Egypt, UAE, Saudi Arabia, Qatar, Kuwait, Jordan, Syria and the UK, and comes as part of the BFX’s preparations for its launch in October this year.   

Arshad Khan, Managing Director and Chief Executive Officer of the BFX and BFX Clearing and Depository Corporation (BCDC), said, “The fantastic response clearly demonstrates the existing need for the BFX’s products and services in the region. We offer our members a truly unique value proposition through our internationally accessible multi-asset trading environment and extensive complimentary support services.”

BFX members will have access to multi-asset class products via both its electronic trading platform and the BFX trading floor located on the 12^th floor at the Bahrain Financial Harbour. The exchange will also allow its members to manage risk and enable investment in a well-regulated and secure environment with central counterparty clearing and settlement. 

“With our imminent launch, our dedicated business development teams have been making a strong push to promote the BFX’s unique offerings as we aim to continue momentum in our target markets in the MENA region. Our prospective members have appreciated the multi-asset offering which is supplemented with comprehensive services from the BFX including training, serviced offices on the trading floor, outsourced trading and back office applications. This packaged offering is allowing prospective members to start operations with minimal set-up and operating costs. The promising start to our campaign bodes well for us, and we anticipate a similar level of interest in the remaining visits of our tour.” Khan added.