Friday 28 August 2015
 
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GCC rail link to bolster trade ties

Increased economic trade and closer bilateral relations are just some of the expectations people have of the GCC Railway network, which is scheduled for completion within three years. The 2,117km rail will pass through all six Gulf states, fro

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GCC rail link to bolster trade ties

Increased economic trade and closer bilateral relations are just some of the expectations people have of the GCC Railway network, which is scheduled for completion within three years. The 2,117km rail will pass through all six Gulf states, fro

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Gold falls as US data boosts dollar, China fears ease

Gold fell one per cent on Thursday, snapping five sessions of gains, as the dollar strengthened on the back of upbeat US data and concerns eased over further losses in the yuan after the devaluation of the currency by China.  

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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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