Sunday 26 April 2015
 
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New watchdog to monitor workers’ housing in Bahrain

Activists have pledged to set up a watchdog to monitor the implementation of new rules regulating labour accommodation in Bahrain. The Gulf Daily News (GDN), our sister publication, reported yesterday (March 31) on a Cabi

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Bahrain F1 race visa rules revealed

Formula One visa rules were spelt out yesterday (March 29) for the event from April 17 to 19, which will take place at the Bahrain International Circuit. The F1 visa will be multi-entry and valid for two weeks from the date of the

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Bahrain eases visa rules for GCC visitors

Any visitor to a GCC country will be eligible for a one-month multiple-entry visa to Bahrain under new rules coming into effect next Wednesday (April 1). The new rules also allow GCC residents and citizens of 102 countries to obta

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Bahrain cbank tightens rules on banker bonuses

New rules that restrict big bonuses for bankers in Bahrain have been implemented by the Central Bank of Bahrain (CBB) since July last year, according to its top official. Central Bank of Bahrain Governor Rasheed Al Maraj said the

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New categorisation system for Bahrain hotels on way

A new categorisation system for hotels in Bahrain is set to come into force tomorrow (February 26) when it is published in the Official Gazette. The rules for three, four and five-star hotels include regulations relating to the si

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UAE brokerages told to obey margin trading rules

The UAE Securities and Commodities Authority urged brokerages that extend margin trading services to obey regulations and sell clients' shares if shortages in their accounts are not filled on time. The market regulator said it

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UAE central bank studying new rules for bank loans

The United Arab Emirates central bank is looking at proposals for new rules covering bank loans against shares, a senior official said on Tuesday. "The central bank board is studying new regulations for credit against shares,

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Tamkeen sets new rules for career programme

Bahrain’s labour fund Tamkeen has laid out new systems and regulations for its career progression programme. The programme is designed to enable business owners to address skill gaps of their Bahraini employees by offering h

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New margin trading rules take effect in Bahrain

New market rules that allow margin trading and non-Bahraini brokers to trade will come into effect from today (September 1) at the Bahrain Bourse (BHB). A key provision is that non-Bahraini brokers licensed by capital market regul

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Dubai ‘changing rules to attract asset managers’

Dubai is changing its financial rules in an effort to attract more asset managers - particularly those serving the richest and most risk-tolerant investors, such as hedge funds and private equity funds - to base themselves in the emirate.

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