Monday, May 21, 2018

Bahrain

Bahrain – new $100 million fund to invest small businesses

A $100 million fund has been launched in Bahrain to invest in the country's small and medium-sized enterprises (SMEs).The initiative has been unveiled by...

Bahrain’s foreign currency reserves fall 11% in one month

Bahrain’s foreign-currency reserves tumbled 11% in February, extending a decline that has fueled speculation that the island kingdom would either tap international bond markets...

MPs proposal to force all banks to be Sharia compliant described...

Parliament's backing of a proposal to force all financial institutions in Bahrain to switch to Islamic banking has been described as a "catastrophic setback"...

MPs reject latest new tax proposal for expats

Parliament has voted against a government proposed sewage tax for expats and the private sector. The proposal constituted a 50% increase in monthly utility...

FIFA sacks those who EXPOSED corruption at Manama meeting.

FIFA sacks the leaders of ethics committee whose investigations resulted in the suspensions of senior corrupt officials within the organisation.In a statement released on...

Cleric’s verdict postponed to May 21

The trial of religious cleric, Isa Qassim, was yesterday postponed to May 21 wherein the final verdict will be announced.Qassim, who got his citizenship...

MPs discuss further subsidy removals (for Expats)

A bill seeking to cut off further subsidies for Expats will come up for voting in the next regular session of Bahrain's Parliament, it has...

Manama ranked 4th most expensive city in Middle East (especially for...

The Worldwide Cost of Living (WCOL) 2017 index compiled by the Economist Intelligence Unit ranks Manama as the fourth most expensive city in the...

King Hamad’s visit gives boost to Bahrain, Malaysia ties

Bahrain’s relations with Malaysia and Brunei have been enhanced thanks to state visits by King Hamad Bin Eisa Al Khalifa to the two Asian...

SCE denies fish deaths in Busaiteen

The Supreme Council for the Environment (SCE) yesterday denied that thousands of dead fish were found on  the coasts of Busaiteen, similar to a...

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