The pulse of Bahrain| Bahrain | Bahrain | Bahrain

Our Services Latest News
Bahraini

About Us

The Bahrain functions in a combined mechanism through dispersing local and international news in both English and Arabic languages in addition to writing political, economic, cultural and social reports for Bahraini recipients. And through the terrific effort the agency broadcasts an ordinary news ranging from 90 to 150 stories each day.

Our Reporters

Numerous reporters based in many vital capitals that supply BNA with a number of reports and news articles so as to keep up with the current and rapid events.

News Today- Bahraini

Bahraini

Latest News

All That You Have To Know About the Culture of Bahrain

 

 

History

In ancient times, Bahrain was a piece of an empire known as Dilmun. The Greeks called it as Tyros later. The name “Bahrain” is gotten from the Arabic word Bahr, signifying “ocean.” Bahrain is an enclave that is composed of Bahrain Island and thirty other islands. It is situated in the Persian Gulf close to the Arabian Peninsula, 120 miles southwest of Iran, 14 miles toward the east of Saudi Arabia, and 17 miles toward the west of the Qatar Peninsula. The fundamental island, which represents seven-eighths of the nation’s region, is thirty miles from north to south and ten miles from east to west. The aggregate territory of the nation is 240 square miles.

Cultural Life

Bahrain’s island area has made it remarkable among Persian Gulf states. With more noteworthy access to sea travel and more extensive presentation to outside impacts, Bahrain generally has been home to an all the more ethnically and religiously various and cosmopolitan populace than have other, more separate bay states. This receptiveness is reflected in Bahrain’s social traditions, which are considerably more direct and loose than those of its neighbors, especially traditional Saudi Arabia. Along these lines, despite the fact that Bahrain is still on a basic level an Arab-Islamic nation, it has better tolerance for modernization and Westernization than a significant number of its neighbors.

The Art

Conventional artistry ventures get state and famous help, and most towns rehearse particular customs; ʿAlī, for instance, is notable for its pottery, while specialists in Karbābād weave crate from date-palm takes off. All through the nation craftsmen participate in gold working, tinsmithing, and material making and offer their products at little shops or the Souk al-Arabaʿāʾ (“Wednesday Market”) in Manama. Shipyards at Manama and Al-Muḥarraq are destinations of dhow constructing, a profoundly regarded artistic expression. The historical center in Manama contains neighborhood ancient rarities dating from days of yore, for example, ivory dolls, stoneware, copper articles, and gold rings, a significant number of which reflect different social impacts from outside Bahrain. There is likewise a little however prospering cutting-edge artistry group.

Social

Social foundations

Bahrain has a few exhibition halls, including the Bahrain National Museum and Beit al-Qurʾān, which houses a substantial accumulation of Qurʾāns, some dating to the seventh century. There are likewise exhibition halls gave to the historical backdrop of oil creation and to pearl jumping and a few workmanship displays. The Bahraini Ministry of Education keeps up a system of open libraries, the most established of which, in Manama, opened in 1946. The emirate likewise keeps up one of the important untamed life protection ranges in the Persian Gulf locale, Al-Green Park, which harbors such indigenous warm-blooded animals as the oryx and gazelle and is gone by numerous waterfowl species

IS CRYPTOCURRENCY A BUBBLE?

Bitcoins and other cryptocurrencies had a monstrous growth over the past few years. The money value of these crypto currencies is as big as Royal Bank of Scotland and Goldman Sach Groups combined. The price of a single Bitcoin reached an all-time high of 4,683 USD on August 31, 2017. But now some investors and economists fear a huge crypto-bubble is about to burst.

It has been over a year of exceptional growth for the broadly uncontrolled market, in which dozens of new cryptocurrencies appear every month in “Initial Coin Offering” (ICO).  These currencies attain value almost instantly, attracting those who are anxious to get in and make some quick money.

Bitcoin

According to a report from an industry data firm, CoinMarketCap, at the beginning of 2017, the total market value of all cryptocurrencies was about 17.5 billion USD, Bitcoins making up almost 90% of the total value. The market cap is now around 120 billion USD and with only 46% made up by bitcoins.

Bitcoin cash, a twin of Bitcoin which was split off from the original bitcoins by a conflicting group of developers, reached a value of 12 billion USD in less than 24 hours after its start.

Cryptography is used to make and keep secured transactions. This allows anonymous end-to-end transactions without the need of banks. They utilize the blockchain technology, a system that keeps transaction records, and makes sure that the cryptocurrency cannot be copied and spent more than once.

Howard Marks, a Billionaire US investor relates the cryptocurrency market to the dot-com bubble of the century. But Cryptocurrency advocates argue that 2017 is just a start of the Bull Run. They state the finite feature of these currency units, the limit of bitcoins will never exceed 21 billion. For example, the base of the technological innovations will ensure lasting value.

The opinion of the consumers

The public opinion on cryptocurrencies has always been distinct. But, with the new rush in the market, the opinions have become more contradictory. Bitcoin critics’ view on bitcoins is based on that Bitcoin’s first impression as a black-market currency and predicted this as a bubble. While advocates propose that this is a global currency that is intended to be primary without being centralized.

Conclusion

The critics and experts say the equated nature of these currencies intends the weakness of the new entries and could bring the whole market down, while some experts argue market forces will ensure the best consumers will survive and conquer. Know More