Latest Bahrain News
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Nonoo Exchange Company opens Riffa branch
Nonoo Exchange Company announced the opening of its sixteenth branch in East Riffa, under the patronage of HE Sheikh Abdulrahman bin Ali Al Khalifa, General Director of Land Registration. The opening was attended by Mr. Ebrahim Janahi CEO of Mode Holdings and NEC management ...
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NBB and SIOAM completes purchase of shares in BisB
National Bank of Bahrain BSC (NBB) and SIO Asset Management Company BSC (SIOAM) announced that they have completed the purchase of The Investment Dar KSC's (TID) and associated companies shareholding of 51.6% in Bahrain Islamic Bank BSC ...
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Obama sends federal aids to Oklahoma
Atlanta, May 21 (BNA) -- US President Barack Obama declared Oklahoma State as a disastrous area after a massive tornado struck the State last Sunday and Monday. President Obama directed to send federal aids to support the efforts of State and local authorities. It is considered one of the most devastating tornadoes have swept the State, killing 91 people, including 20 children, destroying cars ...
More Bahrain News
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Ahli United Bank introduces new features to improve merchant profitability from POS terminals
Ahli United Bank is rapidly expanding Point of Sale (POS) Acquiring in Bahrain with state of the art systems and terminals and innovative features to meet the growing needs and expectations of retail chains, hospitality, travel, telecom, utility services, commercial establishments and other ...
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Bahrain Electricity and Water Authority accelerates move towards smart grid and smarter energy and water services
The Kingdom of Bahrain Electricity and Water Authority (EWA) announced a radical IT system overhaul as it eyes a new era of efficient energy ...
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TABLE-Bahrain April inflation slows to 2.8 pct yy
May 21 (Reuters) - Bahrain's statistics office released the following April consumer price data on Tuesday. BAHRAIN CONSUMER INFLATION 04/13 03/13 04/12 pct change month/month -0.3 1.4 -0.2 pct change year/year 2.8 3.0 4.2 NOTE. Housing and utility costs, which account for 24 percent of consumer expenses, rose 9.6 percent year-on-year but fell 0.1 percent month-on-month in ...
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Video At least 51 dead after tornado strikes Oklahoma City suburb
Barbara Garcia, a survivor of the massive tornado that struck an Oklahoma City suburb, found her dog buried alive under the rubble during her interview with CBS News' Anna ...
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Foreign Ministry warns Bahrainis in Oklahoma of severe storms
Manama, May 21 (BNA) -- The Ministry of Foreign Affairs advises Bahrainis in Oklahoma USA, which has been exposed to a series of severe storms, to exercise caution and comply with the safety instructions issued by the local authorities. The Ministry said in cases of emergency, assistance may be obtained by calling the following numbers: The Embassy of the Kingdom of Bahrain in Washington: ...
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CBB Treasury Bills oversubscribed
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 22nd May 2013 and the maturity date is 21st August 2013.The weighted average rate of interest is 0.69%, compared with 0.70% for the previous issue on 15th May 2013.The approximate average price for the issue was 99.826% with the lowest accepted ...
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Review in Bahraini press
Manama, May 21 (BNA) -- Bahraini dailies issued today focused in their principal headline on the main local, Arab and international events which happened over the past 24 hours. The following are the main topics: - His Majesty the King was thanked and praised for his support for Gulf youth, as youth and sports ministers concluded the 27th meeting. - HRH the Premier orders to provide the ...
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Review in Bahraini press
Manama, May 21 (BNA) -- Bahraini dailies issued today focused in their principal headline on the main local, Arab and international events which happened over the past 24 hours. The following are the main topics: - His Majesty the King was thanked and praised for his support for Gulf youth, as youth and sports ministers concluded the 27th meeting. - HRH the Premier orders to provide the ...
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Visa International recognizes Credimax for its role in combating fraud and forgery
At the time when CrediMax, the leading credit cards company in the Kingdom of Bahrain endeavours to enhance its leading position in the market through a variety of innovative offers and services, the company also acts to ensure highest levels of security for cardholders by applying the best state-of-the-art credit card security ...
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Kanoo Information Technology in partnership with EMC Corporation conducts LIVE Technical Workshop for select customers
Kanoo Information Technology, Bahrain's leading Information Technology services company, in partnership with EMC Corporation conducted a Technical Workshop for select customers from the cross industries, showcasing EMC Information Infrastructure portfolio, providing the foundation for organizations to store, manage, protect, and secure ever-increasing quantities of information thereby ...
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The eGovernment Authority launches a public competition for the innovated ideas for the Open Data Platform
As part of its committed belief in enhancing transparency and encouraging eParticipation and innovation; the eGovernment Authority (eGA) has announced the launch of Open Data Platform Competition, which is open to the public's innovation in term of ideas, applications until 2nd June ...
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Building Collapse in SE China
Beijing, May 21 (BNA) - A building collapsed in southeast China's Fujian Province on Monday afternoon, no one was killed or injured, China's News Agency (Xinhua) reported. The four-storey building in downtown Fuzhou, capital city of Fujian, was being renovated when it collapsed, according to sources with the municipal committee of the Communist Party of China. All the construction ...
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Two Consecutive Bomb Blasts Kill Four in Dagestan
Moscow, May 21 (BNA) - Four people were killed and almost 40 wounded by twin car bomb blasts in Makhachkala, the capital of Russia's republic of Dagestan, the Russian Health Ministry said. "A total of 39 people are casualties as a result of the blasts, including four people who were killed at the scene," the ministry said in a statement. "Currently, 35 people remain in ...
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Japans Crown Prince to Visit Spain to Mark Bilateral Ties
Tokyo, May 21 (BNA) - Japan's Crown Prince Naruhito will make an official visit to Spain next month, to mark the 400th anniversary of bilateral ties between the two nations, Japan's (NHK World) reported. A Japanese mission was sent to Spain in 1613 from what is now Sendai City, by powerful feudal war lord Date Masamune. Various commemorative events are scheduled in both countries ...
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S. Korea Reports First Human Case of Tick-Born Virus
Seoul, May 21 (BNA) - South Korea has reported the first confirmed case of a person infected with a tick-born virus in the country following reports of deaths in China and Japan, the state-run disease control agency said Tuesday. Out of five suspected cases, a 63-year-old woman was found to be infected with the virus transmitted by one species of tick, the Haemaphysalis longicornis, according ...
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Expatriates in GCC ‘vulnerable to HIVAids risk’
Monday, May 20, 2013Muscat: A group of expatriates, especially labourers, are considered a high risk group for contracting HIV/Aids in GCC countries, according to Asr Ahmad Toson, a United Nations Population fund (UNFPA) ...
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Bahrain posts 20 growth in nonoil trade
According to a report by Global Investment House (GIH), Bahrain's real GDP is estimated to have expanded 3.9% in 2012 from the 1.9% growth seen a year earlier, Arab News has reported. Even as the oil sector shrank by around 8.5% in 2012 due to a temporary technical disruption at the country's main Abu Sa'afa oil field, strong growth in the nonoil sector drove economic growth, the ...
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GCC private sector seeks bigger say in decisions
The private sector in six Gulf hydrocarbon producers is demanding a bigger say in government economic decisions as part of a long term strategy to expand its role in development and become a strategic partner with the public sector. The head of the private sector in the Gulf Cooperation Council (GCC) made the call at talks by the region’s chambers of commerce and Industry in Bahrain ...
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Bahrain digs unveil one of oldest civilisations
Excavations at an archaeological site in Bahrain are shedding light on one of the oldest trading civilisations. Despite its antiquity, comparatively little is known about the advanced culture represented at Saar. The site in Bahrain, thought to be the location of the enigmatic Dilmun civilisation, was recently discussed at a conference in Manama, the Gulf nation's capital, organised by ...
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Public Prosecution Statement
Manama-May-20(BNA)Nine people accused of involvement in a terror plot early this year have been sentenced from ten to fifteen years in prison, Central Governorate Prosecutor Hamad Shaheen announced today. The first two accused set up a group illegally with the aim of disrupting the law, preventing state institutions from performing their duties and encroaching on citizens' personal ...
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Foreign Minister Undersecretary Meets UAE Chamber Officials
Manama-May-20(BNA)The Ministry of Foreign Affairs Undersecretary for Regional and GCC Affairs, Ambassador Hamad Ahmed Abdulaziz Al Amer, held a meeting with the Abu Dhabi Chamber of Commerce and Industry First Deputy Chairman and Economic Committee Chairman, Khalfan Saeed Al Ka'abi, and UAE Chamber of Commerce and Industry Secretary-General, Abdulla Sultan Abdulla. It was held as part ...
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Digging Works at Al-Buhair Housing Project Halted
Manama-May-20(BNA)His Majesty's Personal Representative and Supreme Council for the Environment President Shaikh Abdulla bin Hamad Al-Khalifa today issued edict 4 for 2013 temporarily halting any new digging works at the Wadi Al-Buhair housing project- with immediate . Contractors will be allowed to transport the debris and rubble amassed from digging works prior to the issuance of 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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