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Special vehicles such as diplomatic cars have a colored bar in the upper section of the license plate without the flag. License plates for private vehicle owners are blue with a white background. In 2010, Bahrain switched to the version which is in use today. [1] The international vehicle registration code for Bahrain is BRN.
A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
After Bahrain’s independence, the State administrative structure was reorganized pursuant to Amiri Decree No. (2) of 1971 as well as Decree No. (3) of 1971 [4] restructuring the Department of Finance and National Economy and the Department of Labor and Social Affairs. In this amendment, the Housing Department was moved from the Department of ...
The narrower term 'tenancy' describes a lease in which the tangible property is land (including at any vertical section such as airspace, storey of building or mine).A premium is an amount paid by the tenant for the lease to be granted or to secure the former tenant's lease, often in order to secure a low rent, in long leases termed a ground rent.
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Transport in Bahrain encompasses road transportation by car, air transportation and shipping. The country traditionally had one of the cheapest prices for gasoline at $0.78 per gallon ($0.21 per litre). [1] Due to massive budgetary deficits and low oil prices, the Bahraini government increased the price of gasoline in 2016–2017 to $0.37 per ...
The Ministry of Works (MOW) is responsible for all infrastructure services in the Kingdom of Bahrain, including the public road network, drainage systems, and public buildings. [1] Its work—which encompasses strategic planning, design, development, construction, project management and maintenance—is carried out in accordance with the ...