Thursday 30 July 2015
 
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benefit

Focus on SMEs as job creators to benefit Bahrain

A new international emphasis on turning small and medium enterprises (SMEs) into major job creators will be of great benefit to Bahrain, according to a top labour official. Labour Ministry Under-Secretary Sabah Al Dossary welcomed

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US airlines receive benefits worth $71bn: study

US airlines have received benefits valued at $71.48 billion, more than $70 billion of which has been since 2000, enabling the nation's three largest carriers to transition from the verge of bankruptcy to today’s industry leaders, each

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Employee allowances and benefits rise across GCC

Budget allocation to employee allowances and benefits continues to rise across the Gulf states, according to the latest GCC Allowances and Benefits Survey conducted by Aon Hewitt, the global talent, retirement and health solutions business of Ao

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Bahrain to benefit from $1bn spending bonanza

Bahrain is set to benefit from a spending bonanza over the Formula One weekend with an estimated $1 billion flooding the economy. In an exclusive interview with the Gulf Daily News (GDN), our sister publication, Bahrain I

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RAK team shares business set-up with Japanese investors

A Ras Al Khaimah Free Trade Zone delegation to Japan has shared its business set-up and expansion benefits with Japanese investors. Led by Ramy Jallad, acting chief executive officer of RAK FTZ, the mission sought to enhance trade

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New BENEFIT move boost for ATM customers

A reduction in ATM transaction fees that banks have to pay the Benefit Company has resulted in 50 per cent discount for end users, it has emerged. According to the company's chief executive Abdulwahid Janahi, key initiatives t

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Benefit posts net profit of $6.6m

Bahrain’s Electronic Network for Financial Transactions (Benefit) has reported a net profit of BD2.5 million ($6.6 million) last year compared to BD2.3 million in 2012, a growth of 7.4 per cent. The company recorded BD2.4 mi

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Mercer launches flexible benefits programme

Mercer, a global consulting leader in talent, health, retirement and investments, has launched its flexible benefits offering, customised for the Middle East.   MyChoice by Mercer will enable employers to effectively manage b

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Gulf employee healthcare costs 'higher'

The cost of providing employee health benefits for companies in the Gulf is higher than for those located in the rest of the EMEA (Europe, Middle East and Africa) region, according to a recent report. The Mercer Marsh Benefits rep

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Benefit set to reshape strategy

The current year will be one of reshaping Benefit Company's three-year corporate direction and strategy to take the company forward to new prospects, a report said. In a statement issued after the annual general meeting, the c

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