Friday 12 February 2016
 
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ceiling

Bahrain to rethink public debt ceiling

Bahrain is seeking a higher cap on the public debt ceiling so that it can meet its agenda and cover social expenses, which are of direct concern to citizens. A recommendation was sent to His Majesty King Hamad requesting him to issue a Royal D

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Bahrain MPs back debt ceiling

Bahrain’s government could soon be forced not to exceed 60 per cent of gross domestic product (GDP) when going for borrowing. Parliament’s financial and economic affairs committee has backed the Shura Council’s new law that p

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Iran says Opec unlikely to change output ceiling

The Organization of the Petroleum Exporting Countries (Opec) is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said, according to the semi-official Mehr news agency.

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Bahraini MPs veto move to raise debt ceiling

Bahrain’s national accounts hang in the balance after parliament yesterday (March 24) voted overwhelmingly to veto a decision to raise the country's debt ceiling - four months after it was taken. Thirty MPs, including pa

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Dutch firm unveils special ceiling for GCC

Dutch firm Hunter Douglas said it has launched a new ceiling that can safely handle the GCC’s harsh climate while promoting sustainable building design. Sustainable building is booming in the Middle East, and is set to grow

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Opec agrees to renew 30m bpd output ceiling

Opec agreed on Wednesday to renew its oil production ceiling of 30 million barrels a day for the second half of this year, in a widely anticipated decision. The 12-member Organisation of the Petroleum Exporting Countries is satisf

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Qatari firm to raise foreign ownership cap to 49pc

Qatar's emir has instructed all companies listed on the country's stock exchange to raise their limit for foreign ownership to 49 percent in a move that could attract more liquidity to the buoyant bourse. The order announc

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Hunter Douglas launches new ceiling panels

Hunter Douglas, a Dutch window coverings and architectural products manufacturer, has launched a new range of adjustable and environmentally-friendly ceiling panels that aim to enhance sustainability and sound absorption. The new

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90 hurt as ceiling collapses at London theatre

Emergency services said nearly 90 people were injured on Thursday when part of the ceiling collapsed during a performance at a packed London theatre, bringing the city's West End entertainment district to a standstill. The aud

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Gold holds gains, focus on US debt ceiling talks

Gold traded in a narrow range on Thursday and largely held on to overnight gains of nearly 1 per cent as an upcoming Chinese holiday kept investors on the sidelines and their focus turned towards the US debt ceiling talks. The US

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