Friday 4 September 2015
 
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Al Rashid Group eyes turnover of $265m by 2017

Bahrain-based retail major Al Rashid Group (ARG), the local partner of the $6 billion Landmark Group of Dubai, is targeting a turnover of BD100 million ($265 million) by 2017, its chief operating officer Vikas Attri said. He was talking to the

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Iran spends 65pc defense budget on 'financing militant groups'

Alarm has been expressed after a study found that Iran allocates 65 per cent of its defence budget to fund terrorist activities in the region. BDF chief of staff Major General Shaikh Daij bin Salman Al Khalifa voiced concern at the figure &nbs

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AluGlass to complete multiple contracts worth $16m

AluGlass Tech, an aluminium and glass contractor under the Ajman-based Tech Group, is close to completing multiple contracts worth Dh60 million ($16.3 million) in the UAE emirate. It includes residential and commercial facilities,

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AluGlass to complete multiple contracts worth $16m

AluGlass Tech, an aluminium and glass contractor under the Ajman-based Tech Group, is close to completing multiple contracts worth Dh60 million ($16.3 million) in the UAE emirate. It includes residential and commercial facilities,

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Chinese group looks to buy Swissport

HNA Group Co, the owner of China's Hainan Airlines, is interested in buying air cargo handler Swissport International, a source familiar with the matter told Reuters. European private equity firm PAI Partners, which owns Swiss

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Al Safar Group names new CEO

Bahrain-based Al Safar Group has appointed Ahmed Khalfan as chief executive to spearhead the group’s businesses and manage its subsidiaries. Khalfan is experienced in the fields of marketing communications, public relations,

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Gulf Hotels Group posts $45.4m in revenue

Gulf Hotels Group (GHG), a Bahrain-based owner and operator of hotels, has reported total gross operating revenue of BD17.11 million ($45.39 million) for the first six months ended June 30, as against BD17.91 million for the same period last yea

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Zulekha Healthcare Group marks ‘Peak Hour’

Zulekha Healthcare Group is set to use the experience gained during the ‘Peak Hour’ energy saving drive in Sharjah to increase the efficiency of its electricity and water consumption. More than 500 staff at the Zulekha

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Iran’s support of armed groups ‘a major threat’

Iranian support of armed opposition groups in Bahrain combined with the threat of extremists returning from Iraq and Syria pose a major challenge to the country’s national security. This was highlighted by the Bahrain Embass

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Nama Group launches energy conservation campaign

Nama Group has launched a conservation campaign through its social media as a first step to larger scale campaign which will continue to run till the end of August. It includes many associated events, such as spreading awareness m

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