Tuesday 21 April 2015
 
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Health alert over rogue traders in Bahrain

People’s health is being put at risk on a daily basis by rogue traders in Bahrain who ignore basic hygiene rules, according to a top food retail representative. A ban on street sales of all fresh produce has now been propose

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Security warning as gold trader mugged in Bahrain

A gold trader is in hospital after being attacked by three muggers who stole BD40,000 ($105,452), prompting calls for security to be stepped up in Manama, Bahrain. Rajesh Bhatia, from India, is being treated for a fractured skull

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200 designers set for Bahrain expo

An exhibition featuring more than 200 designers and traders will open tomorrow (July 3) in Bahrain.   The event, called Woow Exhibition, will be held at the Bahrain International Exhibition and Convention Centre

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Fourth Iranian held in UAE trader's kidnap

An Iranian suspected of helping kidnap a British-Iranian businessman in Dubai has been arrested in Thailand and deported to the United Arab Emirates (UAE), an official source familiar with the matter said on Sunday. Ali Rehmat Ass

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First WTC tower debuts 12 years after 9/11

The first office tower at Ground Zero since the September 11, 2001 attacks that destroyed the World Trade Center will open on Wednesday, marking a comeback for the Lower Manhattan site. Sheathed in glass, 4 World Trade Center is t

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Syria cancels tender to buy rice

A Syrian purchasing agency has cancelled an urgent tender to buy 135,000 tonnes of white rice, the third state food tender to fail in two weeks as a new payment system to avoid problems from financing sanctions failed to attract traders.

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UBS rogue trader gets 7 years' jail

  UBS rogue trader Kweku Adoboli was given a seven-year jail sentence on Tuesday after being convicted of two counts of fraud resulting in the Swiss bank's losing $2.3 billion.   He will serve h

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UBS 'faced danger of collapse'

"Naked gambling" by UBS trader Kweku Adoboli nearly brought down the massive Swiss bank as he wagered up to $12 billion, cooked the books and lied to bosses until his "pyramid of fraud" collapsed, a prosecutor told a London c

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Trafigura wins $400m ME loan

Commodities trader Trafigura has taken a $400 million loan from a group of Middle Eastern banks, as the group looks to diversify its lending pool at a time of stress in traditional banking spheres, banking sources said. The one-ye

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Bahrain traders lauded for promotion campaigns

Industry and Commerce Minister Dr Hassan Fakhro yesterday inspected Al Jazeera Supermarket in Mahooz, Lebanese Centre in Isa Town and Al Huly Supermarket in A'ali. The inspection was part of the ministry's efforts to monitor availability o

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