Tuesday 24 May 2016

Bahrain’s economy ‘set to grow at 2.9pc’

Bahrain’s economy is expected to grow at 2.9 per cent in the near- to medium-term supported by the non-oil sector even as downward pressure on oil prices continues, according to Economic Development Board (EDB) chief economist Dr Jarmo Kotilaine, reported the Gulf Daily News, our


Virtual company may raise $200m in crowdfunding

A virtual company created using a computer code could raise $200 million when it ends its fund-raising campaign next week, according to the founder of the firm that wrote the code for the new digital enterprise. The company is called DAO, which stands for Decentralized Autonomous


Qatar Airways boosts stake in BA owner

Qatar Airways said on Tuesday it had raised its stake in the British Airways-owner, International Consolidated Airlines Group (IAG), to 15.01 per cent and said it may consider acquiring more of the firm over time. In April, the firm's CEO said it had increased its stake to un

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