Sunday 14 February 2016

Americana agrees due diligence over stake sale

Kuwait Food Co (Americana) said that its board had agreed to give an investment firm 60 days to carry out due diligence for the acquisition of a controlling stake in the company. Last week the Gulf-based investment firm, Adeptio, said it had signed an initial agreement to buy a 6


New push in Bahrain to help Yemen’s war-hit

People in Bahrain will soon be able to donate food and medicine to war-torn Yemen by simply purchasing them from local supermarkets and pharmacies. The initiative is being spearheaded by a newly formed 16-member group at the Bahrain Red Crescent Society (BRCS), which aims to collect food and


Bahrain PM warns of Gulf security challenges

Bahrain’s Premier has warned of challenges and threats to security of the Gulf region. “All GCC countries stand in the same trench in confronting dangers, particularly the scourge of terrorism,” he said, stressing the need to maintain regional security and stability, reporte


Turkey delivers aid across Syria border

Aid trucks and ambulances entered Syria from Turkey on Sunday to help tens of thousands of people who have fled an escalating government assault on Aleppo, as air strikes targeted villages on the road linking the city to the Turkish border. Rebel-held areas in and around Aleppo,


UAE ready to send ground troops to Syria

The United Arab Emirates (UAE) has said it was ready to send ground troops to Syria as part of an international coalition to fight against Islamic State. "Our position throughout has been that a real campaign against Daesh has to include a ground force," Minister of Sta


‘Dinner in the Sky’ comes to Bahrain

Adventurous diners in Bahrain will be hoisted 50 metres in the air as part of ‘Dinner in the Sky’,  a Belgium-based concept that has taken place across the world, next month. The once-in-a-lifetime experience is being organised by Bin Faqeeh Real Estate Investmen


Tunisia finishes 200-km Libya border fence

Tunisia has completed a 200-km (125 mile) barrier along its frontier with Libya to try to keep out Islamist militants, and will soon install electronic monitoring systems, Defence Minister Farhat Hachani said on Saturday. Libya's chaos since the fall of Muammar Gaddafi in 201

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