Wednesday 28 September 2016
 
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Saudi sends strong message with cut in wage, benefit bill

Saudi monarch King Salman bin Abdulaziz Al Saud's decision to slash ministerial pay by a fifth reflects the kingdom's resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices, said experts.

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Saudi sends strong message with cut in wage, benefit bill

Saudi monarch King Salman bin Abdulaziz Al Saud's decision to slash ministerial pay by a fifth reflects the kingdom's resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices, said experts.

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Benefit net profit grows 14pc to $8m

The Benefit Company has reported 14 per cent growth in consolidated operating profit at BD3.09 million ($8.1 million) last year, versus BD2.7 million in 2014, said a report in the Gulf Daily News (GDN), our sister publication.

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Bahrain EWA signs online payments deal with Benefit

The Benefit Company, which operates the electronic fund transfer system (EFTS), has signed an deal with Bahrain’s Electricity and Water Authority (EWA) allowing online payments for services by consumers, said a report in the Gulf Dai

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Bahrain EWA signs online payments deal with Benefit

The Benefit Company, which operates the electronic fund transfer system (EFTS), has signed an deal with Bahrain’s Electricity and Water Authority (EWA) allowing online payments for services by consumers, said a report in the Gulf Dai

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Zain Bahrain inks payments deal with BENEFIT

Telecom operator Zain Bahrain has partnered with BENEFIT paving the way for its customers to process online transactions through retail banks connected with the BENEFIT electronic funds transfer system (EFTS) service, reported the Gulf Daily

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Batelco signs collaboration deal with Benefit

Batelco, Bahrain’s leading digital solutions provider, has taken a step forward as part of its digitisation plans by entering into a collaboration deal with Benefit, the kingdom’s national ATM and POS switch, Bahrain Cheque Truncat

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Batelco signs collaboration deal with Benefit

Batelco, Bahrain’s leading digital solutions provider, has taken a step forward as part of its digitisation plans by entering into a collaboration deal with Benefit, the kingdom’s national ATM and POS switch, Bahrain Cheque Truncat

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Electronic fund transfer system launched in Bahrain

BENEFIT, in co-ordination with Central Bank of Bahrain and all commercial banks, has launched the Electronic Fund Transfer System (EFTS) operation in Bahrain. The system took effect today (November 5) and allows banks to conduct various financ

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Enhanced air traffic control can bring $16.3bn benefit to Mideast

The Middle East can achieve up to $16.3 billion in economic benefits over the next 10 years by delivering enhancements to air traffic control systems, according to a new report commissioned by Nats, the air traffic management specialists.

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