Tuesday 1 September 2015
 
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Al Baraka boost as key outlook revised to stable

Standard & Poor's Ratings Services has said that it had revised its outlook on Bahrain-based Al Baraka Banking Group (ABG) to stable from negative. At the same time, it affirmed the 'BB+' long-term and 'B'

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Bahrain urged to rethink TB policy

Bahrain’s national policy on tuberculosis elimination is outdated and needs to be revised, a visiting team of international health experts has warned. Highly infectious and often fatal, tuberculosis - or TB - is spread throu

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Batelco to revise fixed line IDD call rates

Bahrain’s top telecommunications services provider Batelco is set to revise its charges for IDD (International Direct Dial) calls made from fixed lines starting from August. All IDD calls from fixed lines will be charged per

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Bahrain's new traffic law may be revised

Bahrain's tough new traffic law will first be revised by parliament due to differences over various articles - especially those related to punishment. The Shura Council members have passed a new traffic law that includes jail

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Nissan to launch new Tiida

Nissan is set to launch its all-new Tiida, a revised second generation compact hatchback for the Middle East market. The Nissan Tiida, first introduced in the region in 2005, already has a market share of 54 per cent of the hatchb

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ICC revises guidelines for global investment

The International Chamber of Commerce (ICC) has reissued its guidelines for global investment to adapt to new challenges of the investment environment and further promote investment as a driver of economic growth. The revised gui

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Citadel revises energy firm stake sale terms

Citadel Capital said its opportunity-specific fund has signed an amended share purchase deal with Calgary-based Sea Dragon Energy for sale of its 100 per cent stake in the upstream energy firm, National Petroleum Company Egypt. Citadel Cap

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DFSA revises investment funds regime

Dubai Financial Services Authority (DFSA) has brought in a series of regulatory changes to the Dubai International Financial Centre's (DIFC) collective investment funds regime to create a more competitive financial hub. The changes wer

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Foreign firms revise bids for Saudi Kayan plant

Four international firms, including the US Fluor Corp, submitted on Saturday revised bids to build a petrochemical plant in Saudi Arabia, sources said. South Korea's Hyundai Engineering and Construction, Daelim Industrial Company and T

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Bapco to revise scholarship scheme

Bapco is taking positive steps to plug vital skills gaps in key disciplines such as chemical engineering, geology and petroleum engineering with a revised scholarship scheme for 25 high-achieving Bahrainis. The company awarded scholarships

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