Friday 26 December 2014
 
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Key challenges faced by audit committees in focus

Financial reporting, oversight, risk and effectiveness are key areas that pose challenges for audit committees in Bahrain and across the GCC, a KPMG survey has found. To help identify the pressing challenges facing audit committee

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Ahab agrees terms with debt restructuring committee

Ahmad Hamad Algosaibi & Brothers (AHAB) has agreed terms of engagement with the steering committee established to facilitate settlement discussions and negotiations with an overwhelming number of financial institutions with claims against th

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New committee targets Bahrain’s health sector

A new committee to support free consultations to private sector health clinics has been formed by the Bahrain Small and Medium Enterprises Development Society. The ‘Private Clinics and Health Centers Development Committee&rs

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Watchdog panel on senior appointments

A committee is to be set up to regulate senior government appointments in Bahrain, it was declared yesterday. The panel, set up by an edict issued by His Royal Highness Prime Minister Prince Khalifa Bin Salman Al Khalifa, will oversee a

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Embezzlement pair jailed for 3 years in Bahrain

Two employees of the Bahrain Olympic Committee (BOC) have been jailed for three years each for embezzlement. They were convicted of financial fraud, abusing their positions, embezzling BOC funds, forging offers and attributing the

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Bahrain to combat sectarian hatred

Bahrain is to set up a committee to combat sectarian hatred. The move was announced yesterday as His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting at Gudaibiya Palace, said a

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UAE plans big info security move

Leading government, semi-government, education, and private establishments in the UAE laid the groundwork for the establishment of a formalised national Information Security  Awareness (ISA) committee. The initiative, spearhe

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GBSA panel names new chairperson

The Gulf Bond and Sukuk Association (GBSA), the body representing the GCC fixed income market, has named Stuart Anderson, the managing director and regional head of Standard & Poor’s Middle East as the new chair of its Steering Committ

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Bahrain reaches out to flood-hit homes

Bahrain has set up a national committee to help flood-hit families. The lifeline follows Royal Charity Organisation (RCO) chairman Shaikh Nasser bin Hamad Al Khalifa's visit to rain-stricken areas in Muharraq and the Southern

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Panel discusses plan for key economic forum

The Preparatory Committee for the Regional Forum on Economic Competitiveness met recently to discuss the general plan for how best to represent the forum and highlight the UAE’s position as an international business hub. The

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