Friday 29 March 2024
 
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Baharain

SMEs to benefit from downstream projects

Small and medium sized enterprises (SMEs) will benefit from foreign direct investment to develop downstream sectors on the back of greater government incentives, said an expert ahead of a key investment seminar in Bahrain. More th

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NSH Corp opens office in Australia

NSH Corporation, a pioneer in the regional industrial construction business and an affiliate of Bahrain-based RP Group, has launched its operations in Australia. The oil and gasfield specialist has set up two companies in Australia – NaSAH

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Al Rawabi unveils $200m expansion plan

Al Rawabi Dairy Company, a leading producer of dairy products and fresh juices in the Gulf region, plans to invest $200 million as part of its ongoing expansion plans, said its top official. The dairy company, which currently serves Dubai,

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CBB hosts IIFM Shariah panel

The Central Bank of Bahrain (CBB) recently organised a meeting of the International Islamic Financial Market (IIFM) Shariah advisory panel and selected IIFM member banks active in Islamic hedging/risk mitigation segment of the Islamic finance indu

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Bahrain warns firms on illegal ads

Illegal advertisers could soon be fined hundreds of dinars if they continue to post flyers on traffic lights and public buildings in Bahrain, councillors have warned. Businesses promoting their goods and services without official approval

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Bahrain to open embassy in Malaysia

Diplomatic relations between Bahrain and Malaysia are about to be significantly enhanced, with the opening of a new embassy in Kuala Lumpur and a raft of new agreements on trade and education. In addition to the new Bahrain Embassy in Mala

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Hilton in deal to open first Conrad hotel in Bahrain

Hilton Hotels Corporation (HHC) said it has signed a management agreement with Diyar Al Bahrain, to open the first Conrad hotel in the Kingdom of Bahrain in 2011. The Conrad Bahrain, will be located in one of Bahrain’s most luxurious devel

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Bahrain inflation holds above 4pc

Annual inflation in Bahrain held above 4 per cent in November, steered mainly by higher food prices, government data showed on Sunday. The consumer price index of the smallest Gulf Arab economy rose to 109.4 points on November 30 compared

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Lazard Asset management gets CBB nod

The Central Bank of Bahrain (CBB) has granted a licence to Lazard Asset Management to establish a representative office in Bahrain. Lazard Asset Management provides investment management and advisory services to institutional clients, fin

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Bahrain-Germany boost health ties

The Bahrain-German Friendship Society hosted a reception for two of its partners at the Bahrain Chamber of Commerce and Industry. Hamburg Marriott Hotel general manager Roland Ulmer gave a presentation on behalf of the Hamburg Marriott and

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