| - High profile luxury resort in Bahrain cancelled amid turmoil |
A $2 billion dollar luxury beachfront development close to the Bahrain Formula One racetrack is the latest high profile project in the Middle East to be cancelled... |
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| - The 8th group of cabin crew joins Bahrain Air |
Bahrain Air celebrated the joining of the Eighth group of Cabin Attendant to enhance customers service and will continue ongoing recruitment across key areas of the business and the addition... |
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| - Unregistered realtors to face fine in Bahrain |
Unregistered expatriate real-estate managers now face deportation if they fail to register with the government, under legislation passed by Bahrain's Parliament's lower house... |
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| - Property market in Bahrain booming as region remains immune from global turmoil |
Healthy capital inflows, high liquidity, a growing population, rising demand for property, and a growth in credit facilities are creating a boom in Bahrain with real estate as the prime engine of growth, it is claimed... |
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| - Mumtalakat posts BD246m income |
Bahrain Mumtalakat Holding, the investment company for Bahrain, yesterday said it made net income of BD245.8 million (Dh2.39bn) and generated revenues of BD1.8 billion in the first operating year. Mumtalakat now has a total of 35 commercial enterprises within its $10 billion portfolio... |
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| - Albaraka arm posts 58% rise in income |
The Egyptian Saudi Finance Bank, a subsidiary banking unit of the Kingdom-based Albaraka Banking Group, posted a substantial increase in its operating assets for the first half of the year... |
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| - Bahrain Air expands fleet with six Airbus A320s |
Bahrain-based carrier Bahrain Air has signed an agreement with Airbus to acquire six Airbus A320 aircraft, a move that will increase the company's fleet size to 11... |
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| - Bahrain up, Abu Dhabi sees brisk buying |
The GCC bourses continued to reel under selling pressure Sunday, with four of the markets ending as losers while three finished on the winners list... |
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| - Bahrain Air to buy 6 A320s for $450m |
Bahrain Air, the first privately-owned premium class airline with affordable fares, has sealed an agreement with Airbus to buy six brand new A320-200s worth $450 million, taking the total number of planes owned by the company to 11. |
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| - Solidarity Set To Enter Saudi Market |
Solidarity Group, a member of the Bahrain-based Ithmaar banking group and one of the largest Takaful companies in the world, has announced to set-up an Islamic insurance company in Saudi Arabia with an authorized and paid-up capital of SR555 million... |
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| - Arcapita’s €500m Euro logistics expansion |
Bahrain investor Arcapita has stepped up its plan to run a logistics business in Europe with the €500m (£394m) purchase of French company Compagnie Européenne de Prestations Logistiques (CEPL)...
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| - Bahrain finds slot in global realty index |
The Kingdom has made a foray into the Global Real Estate Transparency Index for the year along with 25 other nations... |
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| - Venture Capital Bank Half Year Profits Surge To US$ 31.4 Million |
Kingdom of Bahrain: Venture Capital Bank announced its 30 June 2008 half year total income today at US$ 45.7 million, an increase of 447% over the prior period, and a net profit of US$ 31.4 million for the six months to 30 June 2008... |
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| - Ahli United Bank Reports Net Profit of US$ 211.7 Mn in 1H '08 |
Ahli United Bank B.S.C. (AUB or Group) has announced a 40.5% rise in net profits for the first half of 2008 of US$ 211.7 million, as compared to the same period last year... |
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| - Intl Invest Bk to Launch $270m Project in Abu Dhabi |
The Bahrain-based International Investment Bank (IIB) announced the development of a $270 million state-of-the-art mixed use Platinum Green Building which said to be the first-of-its-kind in the Middle East and North Africa region... |
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| - Bahrain Logistics Zone Set to Generate Dh1b in Investments |
Bahrain expects to reassert its position as the most strategic trading centre in the Middle East with the opening of Bahrain Logistics Zone (BLZ), which could generate investments worth Dh1 billion ($280 million)... |
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| - Bahrain Logistics Zone to lure $600m direct investments |
The opening of the Bahrain Logistics Zone (BLZ) will cement the Kingdom's position as the region's most strategically important trading centre and generate investments exceeding $280 million... |
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| - Bahrain Air launches new flight |
The Kingdom's premium low-cost carrier Bahrain Air announced the launch of a new flight between Kochi and Jeddah via Bahrain. |
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| - E-system to improve land registration in Bahrain |
An advanced electronic system known as rfid will be soon inaugurated in Bahrain, head of land registration, Shaikh Salman bin Abdullah Al Khalifa, said... |
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| - Batelco Outlines Details of Re-instatement and Compensation Packages |
Shaikh Ahmed Outlines Details of Re-instatement and Compensation Packages... |
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| - Al Khaleej Buys 25% Stake In Bahrain Firm |
Al Khaleej Insurance & Re-Insurance Company has completed the buying of a 25 percent holding valued at QR22m in Bahrain National Life Assurance Company, a subsidiary of Bahrain National Holding Company... |
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| - AREIT Acquires Prime Bahraini Real Estate |
The award-winning Arabian Real Estate Investment Trust (AREIT) has acquired the Wind Tower in Bahrain's Diplomatic Area... |
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| - Bahrain Air signs pact with Snecma |
The Kingdom's premium low cost carrier, Bahrain Air said it signed an exclusive three-year engine maintenance contract with global aero engine support services provider, Snecma Services... |
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| - Bahrain's Tameer To Expand Ops, Invest $2B Over 4 Yrs -Report |
Bahrain's Al Khaleej Development Co., or Tameer, , plans to add investment activity to its operations and to invest up to $2 billion over four years in different sectors... |
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| - Ceva and Bahrain Logistics Zone sign major deal |
Ceva Logistics, one of the world's leading logistics companies, today announced a major undertaking to site facilities at the Bahrain Logistics Zone... |
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| - Bahrain Islamic Bank Profits Increase by 144 Percent |
Bahrain Islamic Bank (BisB) continues to achieve excellent and remarkable financial results reflecting the continuation of the positive and remarkable change in the Bank's management and policy initiated following the restructuring of the Bank... |
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| - NBB 1H Profits up by 13.5% |
NBB's half yearly net profit up by 13.5% National Bank of Bahrain has announced its financial results for the 6 months ended 30 June 2008... |
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| - Bahrain Air to get new Airbus 320 in April 2009 |
Bahrain Air will be taking delivery of its first Airbus 320 next April, with a new digital in-flight entertainment system offering passengers greater choice and control over their in-flight entertainment choices... |
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| - Bahrain's ABG inks $30m murabaha deal |
Bahrain-based leading Islamic banking group, Albaraka Banking Group (ABG) announced that its subsidiary Al-Baraka Islamic Bank with the First Investment Bank (FIB) signed a milestone transaction of a $30 million murabaha facility for al Khaleej Development Company (KDC)... |
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| - Reef Announces New Board of Directors |
Reef - Real Estate Finance Company today announced the results of its recently held elections for the company's Board of Directors over the following three years of business... |
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| - Gulf Air is all set to begin services to Hyderabad |
Gulf Air, the sole national carrier of the Kingdom of Bahrain, is all set to begin its services to Hyderabad from 1 July 08 with its inaugural flight taking off from Bahrain International Airport at 00.05 am... |
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