Sunday 24 July 2016
 
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Bahrain

Aluminium Bahrain Q2 net income down

Aluminium Bahrain (Alba), owner of one of the world's largest aluminium smelters, reported a 45.4 per cent fall in second-quarter net profit on Sunday. Alba's net income for the three months to the end of June was BD16.28

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Nod for $526m Bahrain market revamp awaited

A project to revamp Bahrain's Manama Central Market at a cost of BD200 million ($526 million) is still awaiting approval, six months after it was suspended pending a major government review, reported the Gulf Daily News, our sister

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Bahrain receives 307,492 visitors from July 14-20

The Nationality, Passports & Residence Affairs (NPRA) on Thursday said 307,492 people had entered Bahrain between July 14 and 20, said a report. According to the weekly statistic, 255,049 arrived from Saudi Arabia and other GC

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Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long term impact on the kingdom’s property markets, according to leading inter

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Bahrain's foreign ownership move to boost property sector

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ownership in various sectors of the market is likely to have a positive long-term impact on the kingdom’s property markets, according to leading inter

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Bahrain economy grows 4.5pc in Q1

Bahrain’s economic growth reached 4.5 per cent during the first quarter of the year, the kingdom’s highest level since 2014, led by the 12.1 per cent year-on-year growth in the oil sector, a report said. Nearly $4 bill

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Bahrain economy grows 4.5pc in Q1

Bahrain’s economic growth reached 4.5 per cent during the first quarter of the year, the kingdom’s highest level since 2014, led by the 12.1 per cent year-on-year growth in the oil sector, a report said. Nearly $4 bill

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Seef Properties H1 profit rises 3.2pc

Bahrain-based Seef Properties, an operator of malls, has announced a 3.2 per cent increase in net profit for the first half of the year at BD4.49 million ($11.91 million), compared with BD4.35 million ($11.54 million) for the same period last ye

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Competition 'helps Bahrain telecom customers save $195m'

Telecom consumers in Bahrain saved at least BD74 million ($196 million) in 2014 compared with 2008 as a result of the competitive environment in the kingdom’s telecommunications sector, a study has revealed. The competitive

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Bahrain housing market remains stagnant in Q1

The residential market in Bahrain remained stagnant for the second consecutive quarter in Q1 with the rental rates remaining equal to the levels achieved during the previous quarter, said a report. During the first quarter, the re

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