Latest Bahrain News
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Kuwaiti Premier Meets Moroccan Foreign Minister
Kuwait, June 18 (BNA) - Kuwaiti Prime Minister Shaikh Jabir Al Mubarak Al Hamad Al Sabah met here today with Moroccan Minister of Foreign Affairs and Cooperation Dr. Saad-Eddine El Othmani who is currently visiting Kuwait. Talks during the meeting dealt with means of enhancing relations between the two countries in all fields, in addition to matters of mutual concern. E M BNA 1244 GMT ...
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The Minister of Industry and Commerce inaugurates the 2nd GCC Conference of Excellence in Customer Service today
Manama: June 18 -- (BNA)-- The Minister of Industry and Commerce, Dr. Hassan Abdullah Fakhro, inaugurated this morning the activities of the 2nd GCC Conference for Excellence in Customer Service organized by Eugene Group under the slogan (Let's boost business ethics through excellent customer service). In his inaugural speech, the Minister elaborated on socio-economic, political and ...
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Central Bank of Bahrain Treasury bills oversubscribed 123 per cent
Central Bank of Bahrain The Central Bank of Bahrain (CBB) announced that this week's BHD 35 million issue of Government Treasury Bills has been oversubscribed by 123 per cent.The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.The issue date of the bills is 19th June 2013 and the maturity date is 18th September 2013. The ...
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Baytik Industrial Oasis signs lease agreement with M.R.S. Fashions to lease 9500 square meters
Baytik Industrial Oasis Company WLL (BIO), a wholly owned subsidiary of Kuwait Finance House Bahrain is delighted to announce the signing of a 5-year renewable lease with M.R. S Fashions W.L.L. (M.R.S) for over 9500 square meters of purpose built light industrial buildings at Phase One of Baytik Industrial Oasis, situated in Bahrain International Investment Park (BIIP), Hidd, Kingdom of ...
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Karzai Announces Afghan Security Takeover from NATO Forces
Kabul, June 18 (BNA) - Afghan President Hamid Karzai announced Tuesday that Afghan troops have formally taken over security for the entire country from NATO-led troops, which will continue to provide training and support ahead of a full withdrawal by the end of 2014. "Our security and defense forces will now be in the lead. From here, all security responsibility and all security leadership ...
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HRH the Prime Minister issues Edicts No. 40 41 42 43 and 44 for the year 2013 today
Manama: June 18 -- (BNA)-- His Royal Highness Prince Khalifa bin Salman Al Khalifa the Prime Minister today issued five Edicts for the year 2013. Edict No.: 40/2013 stipulated the restructuring of the Board of Directors of the Bahrain Internet Exchange as follows: The Board of Directors of the Bahrain Internet Exchange shall be restructured under the chairmanship of Colonel Mansour ...
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Asia Region to Contribute to More than One-third of Global Insurance Premiums by 2020
Kuala Lumpur, June 18. (BNA) -- The 2nd Annual Takaful Conference: Asia Leaders Summit (WTC: ALS 2013), which opened today at the Concorde Hotel, Kuala Lumpur, Malaysia, saw more than 150 senior executive industry leaders in the regional Takaful industry engage in critical discussions on strategies for competing for growth and profitability in an increasingly competitive Asian Takaful market. ...
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Aluminium Bahrain appoints new finance chief
Aluminium Bahrain has announced that it has appointed Bahraini national Ali Al-Baqali as its new chief financial officer with immediate effect. The appointment was made by the firm following board approval at a meeting last week. Al-Baqali has worked at Alba for 15 years, joining as a purchasing officer in 1998 and rising through the ranks to his most recent post as acting chief finance and ...
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Jewish Extremists Spray Graffiti Damage Cars in Jerusalem
Occupied Jerusalem, June 18 (BNA) - Israeli vandals from the so-called 'price tag' group slashed late Monday night tires of 28 cars in the Arab town of Abu Ghoush, west of Jerusalem, according to local sources. Price tag refers to an underground anti-Arab Israeli group that carries out terrorist acts against Palestinians in the occupied territories and inside Israel, as in the ...
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Lebanese President Meets Ashton
Beirut, June 18 (BNA) - Lebanese President Michel Suleiman met on Tuesday with EU High Representative for Foreign Affairs and Security Policy Catherine Ashton. Talks during the meeting dealt with the current situation in Lebanon and the region, especially the Syrian crisis and the issue of the displaced Syrians in Lebanon, as well as the relations between Lebanon and the European Union. E ...
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Kuwait Two convicted murderers executed today
Kuwait: June 18-- (BNA)-- Two murders have been executed in the sisterly State of Kuwait today who have been convicted on various rape and murder crimes. The Chief Prosecutor for Criminal Execution Affairs and International Cooperation, Chancellor Mohammed Al-Duaij, told the Kuwaiti News Agency (KUNA) that the first convict was Egyptian-born Hajjaj Al-Saadi (aka the Beast of Hawallee) was ...
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Israeli Forces Begin Demolishing School in Azzun Atmah Village
Bethlehem, June 18 (BNA) - Israeli forces began demolishing a school on Tuesday in the village of Azzun Atmah in the northern West Bank district of Qalqiliya, the school's administration said. A day earlier Israeli forces entered the Azzun-Beit Amin School to take measurements as they prepare to enforce the further construction of Israel's separation wall in the district. The ...
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One Person Killed Nine Injured in Iraq
Baghdad, June 18 (BNA) - One person was killed and nine injured in a suicide bomb blast in northeastern Baghdad. Police said a suicide bomber wearing an explosive belt blew himself up in Qahira neighbourhood mosque killing one person and injuring nine others. E M BNA 1115 GMT ...
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HM the King issues Royal Ordinance No. 262013 appointing the Kingdom of Bahrains representatives in the Advisory Board of the GCC Supreme Council
Manama: June 18 -- (BNA)-- His Majesty King Hamad bin Isa Al Khalifa issued Royal Ordinance No.: 26/2013 appointing the Kingdom of Bahrain's representatives in the Advisory Board of the GCC Supreme Council. The Royal Ordinance stipulated the appointing of the following as members in the Advisory Board of the GCC Supreme Council:- 1- Dr. Sheikha Mariam bint Hassan Al Khalifa. 2- Mrs. ...
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House of Representatives approves Bill of Law for Ratification of Security Agreement among GCC countries
Manama: June 18 -- (BNA)-- The House of Representatives has approved a Bill of Law for Ratification of the Security Agreement amongst GCC-member countries signed in Riyadh City, associated with Royal Decree No.: 39/2013. The House of Representatives has passed the said Bill of Law during its regular meeting convened this morning presided over by the House Speaker, Mr. Khalifa bin Ahmed ...
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CBB Sukuk Al-Ijara over subscribed
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by ...
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French Ambassador Denunciation and renunciation of violence are the basis for reforms to continue in Bahrain
Manama: June 18 -- (BNA)-- The French Ambassador to the Kingdom of Bahrain, H.E. Monsieur Christian Testot, emphasized that condemnation and renunciation of violence are conditional for the reform march to proceed in Bahrain, accentuating that each side should define its political strategy and respect diversity and civil peace. The French Ambassador in Bahrain praised the GCC-member ...
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Minister of State for Information Affairs cum Governments Official Spokesperson invites Al-Arab News TV Channel to sponsor the issue of Gulf unity
Manama: June 18-- (BNA)-- The Minister of State for Information Affairs cum Government's Official Spokesperson, Her Excellency Mrs. Samira Ibrahim bin Rajab, invited Arab News Channel (Al-Ekhbaria) to take up the issue of Gulf unity. This came in the Minister's verbal intervention during the forum organized by the Bahrain Journalists Association (BJA) on the theme: (The Road to ...
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GCC and Indian SME cooperation vital
The growing opportunities between SMEs in Indian and across the GCC are "vital for bilateral sustainability", according to Group CEO of Doha Bank, Dr Raghavan ...
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Indian property giant plans Saudi Bahrain launch
One of India's largest listed real estate developers has announced plans to launch offices in some Gulf countries as part of an overseas ...
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Moody’s Amplifies Bahrain’s Bad Timing on Bond Sale Arab Credit
Bahrain, the Persian Gulf kingdom planning to sell bonds as early as this week, faces rising borrowing costs after its yields jumped to a nine-month high. The island kingdom is set to conclude investor meetings today before what may be its first international sale since issuing $1.5 billion of Eurobonds almost a year ago. The yield on the 6.125 percent 2022 debt has jumped about three ...
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House of Representatives decides to reconsider Bill of the States Public Budget 2013-2014 on Monday next week
Manama: June 18 -- (BNA)-- The House of Representatives decided to convene an extraordinary meeting on Monday next week in order to reconsider the Public Budget for both fiscal years 2013-2014 associated with Royal Decree No.: 76/2012. A majority of Members of Parliament (MPs) voted during a regular House meeting this morning on a proposal presented by its Speaker, Khalifa bin Ahmed ...
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22nd session of NCD continues the discussion of tenets principles and values tomorrow .
Manama: June 18 -- (BNA)-- The National Consensus Dialogue (NCD)'s Official Spokesman, Mr. Isa Abdurrahman, stated that according to the official minutes unsigned by the opposition national democratic societies the 22nd session of NCD convenes tomorrow (Wednesday: 12 June 2013) at the Isa Cultural Center and continues discussion of the point pertaining to firm tenets, principles and values ...
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HM the King congratulates the President of the Republic of Seychelles
Manama: June 18 -- (BNA)-- His Majesty King Hamad bin Isa Al Khalifa dispatched a congratulatory cable to H.E. President James Alix Michel, the President of the friendly Republic of Seychelles, on the occasion of his country's national day anniversary. In the cable, HM the King expressed utmost felicitations and best wishes of abundant health and well-being to President James Alix Michel ...
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Eleven Killed in Nigeria School Attack
Maiduguri , June 18 (BNA) - Eleven people were killed when suspected members of Nigerian Islamist sect Boko Haram attacked a school in the northeastern town of Damaturu. Among the dead were seven students, two teachers and two insurgents. Boko Haram has attacked several schools in the past. Meanwhile, three soldiers were critically wounded during a separate attack by Boko Haram targeting the ...
Bahrain Spotlight
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Bahrain’s mortgage market weathers recession while other industries struggle
Bahrain’s sound fiscal health, as well as prudent investment decisions by industry leaders has created a situation in which the country is in a fairly strong position compared to other GCC states, especially with regards to the mortgage market, but it’s not all good news.
Bahrain’s mortgage market has achieved significant growth despite a challenging market and is now worth $1.4 billion dollars, making Bahrain one of the strongest countries in terms of realty in the GCC (Gulf Cooperation Council). There are a number of reasons for this. Read more
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