Friday 11 July 2014
 
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Grohe sales hit $493m in Q1

Grohe Group, a leading provider of sanitary fittings, has reported a three per cent rise in consolidated sales to reach 364 million euros ($493.5 million) in the first quarter of the year, compared to the same period last year. &n

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Only 45pc Saudi vehicles insured due to premium rise

Only 45 percent of vehicles on Saudi Arabia’s roads are insured, owing to a four-fold rise in premiums, said a report.   An official of Najm Company that deals with road accident cases in the country on beh

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Pay rise set for Bahrain's public sector employees

Government employees in Bahrain could soon be set for a 20 per cent pay rise under a new spending bill approved by parliament yesterday (June 17).   MPs voted unanimously in favour of the government-drafted bill,

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Pay rise set for Bahrain's public sector employees

Government employees in Bahrain could soon be set for a 20 per cent pay rise under a new spending bill approved by parliament yesterday (June 17).   MPs voted unanimously in favour of the government-drafted bill,

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Factory strike ends in Bahrain after pay rise deal

An estimated 2,000 workers who downed tools last week after trashing a factory have agreed to report for duty today (June 17) following a pay rise.   Staff of MRS Fashions, which manufactures garments for US comp

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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Sama moves to curb rise in housing rents

The Saudi Arabian Monetary Agency (Sama) is set to issue real estate financing licenses to some banks and other financing institutions, in a move to curb the spiralling housing rent in the kingdom, said a report.  

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QNB posts 13.7pc profit rise in Q1

Qatar National Bank, the largest lender in the Gulf region, has said its first-quarter net profit rose 13.7 per cent.   The bank reported a net profit of QR2.4 billion ($659.1 million) for the first three months

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Unrest trauma on rise in Bahrain

An increasing number of Bahrainis and expatriates are still seeking help for anxiety - three years after unrest erupted in the country, according to a senior consultant psychiatrist.   Anger, fear and a "chr

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Air Arabia Q4 profit rises 12pc

Budget carrier Air Arabia reported a 12 per cent rise in fourth-quarter net profit on Monday on the back of increased passenger traffic. The Sharjah-based carrier made a net profit of Dh94 million ($25.6 million) in the fourth qua

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