Tuesday 4 August 2015
 
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Ooredoo acquires 4G LTE spectrum at $24m

Ooredoo has acquired additional LTE (4G) spectrum at RO9.6 million ($24.8 million), which will boost its 4G network capabilities.    The 800/2600 spectrum acquisition has been funded out of the operator&rsqu

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Safety boost for mosques in Bahrain

Places of worship in Bahrain will be equipped with additional first aid boxes and fire extinguishers, as part of measures to step up security.   Volunteers and officials in charge of mosques and ma’tams will also underg

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SNIC gets credit ratings, outlook boost

Bahrain-based Saudi National Insurance Company (SNIC) has had its insurer financial strength and counterparty credit ratings affirmed as ‘BBB’ and outlook as ‘stable’ by Standard & Poor’s. The age

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Cell therapy gets a boost as ReNeuron raises $105m

The drug research field of cell therapy received a boost on Friday when British biotech company ReNeuron raised 68.4 million pounds ($106 million) to help fund its work into stroke, blindness and cancer. ReNeuron, which has been t

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CIBAFI-World Bank pact to boost Islamic finance

Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, and the World Bank yesterday signed a memorandum of understanding (MoU) aimed at helping foster the devel

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Bahrain may approve extra funds to boost security

Bahraini MPs could sanction additional financing for the kingdom’s police force due to increased security concerns, particularly the threat posed by radicals such as the Islamic State (IS). Parliament’s foreign affairs

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Bahrain may approve extra funds to boost security

Bahraini MPs could sanction additional financing for the kingdom’s police force due to increased security concerns, particularly the threat posed by radicals such as the Islamic State (IS). Parliament’s foreign affairs

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Plan to boost private taxis in Bahrain

Plans are underway to increase the number of taxis in Bahrain in a bid to boost the country’s public transport system. Transportation and Telecommunications Minister Kamal Ahmed said the move would also address the issue of

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Productivity, performance ‘key to economy boost’

High productivity and dedicated performance are key to boosting Bahrain’s national economy, according to the Premier. Receiving a group of businessmen, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa s

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US boost as consumer prices post major gains

US consumer prices in May recorded their largest increase in more than two years as gasoline prices surged, suggesting the drag on inflation from lower oil prices was fading. Other data on Thursday showed the economy was regaining

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