Wednesday 30 July 2014

Plan to restructure Bahrain’s landmark building

Fresh negotiations are underway to reach an out of court settlement to continue with the demolition of a landmark building in Bahrain and rebuild it with a shopping complex and apartment, said a top official. in the hope of reachi


50-year-old hospital rebuild planned

The 50-year-old Muharraq Maternity Hospital (Areef), Bahrain's oldest maternity hospital, must be rebuilt as soon as possible, said MPs, adding that Muharraq residents had no alternative hospital at the moment. Health Ministry training and


World powers free up billions to rebuild Libya

World leaders have agreed to free up billions more in frozen assets to help Libya's interim rulers restore vital services and start rebuilding after a six-month war that ended a 42-year dictatorship. In their first address on Thursday


$113m contract to rebuild homes awarded

Bahrain's plan to rescue dilapidated homes is to go ahead with the appointment of a company to tear down and rebuild 1,000 houses over the next six years. The Gulf Daily News, our sister newspaper, reported in June that the His Majesty Kin


Mumtalakat seeks advisers to rebuild Gulf Air

Bahrain's sovereign wealth fund Mumtalakat is seeking advisers to help it rebuild the business of state-owned carrier Gulf Air, it said in a statement on Sunday. It said the consultants would report to the airline's incoming chief


Transparency 'key to rebuild investor confidence'

More accurate and timely market information, greater transparency and further real estate legislation are required to rebuild confidence in Dubai’s real estate market and stimulate investment, according to experts. An expert panel came out


Iraq eyes $70bn record budget

Iraq's Finance Ministry wants to raise its budget for this year by 44 per cent to a record $70 billion, cashing in on record oil prices to rebuild shattered infrastructure, the government's spokesman said. The ministry's submission of a su

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