Wednesday 5 August 2015
 
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Bahrain

Ahli United H1 profit up 6pc to $278m

Bahrain’s Ahli United Bank (AUB) reported a net profit of $278.4 million for the first half (H1) of the year, as against $262.5 million during H1 2014, marking an increase of 6.1 per cent.   The Q2 2015 net profit achiev

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New Chery Tiggo 3 launched in Bahrain

Bahrain-based Motorcity has launched the all-new Chery Tiggo 3 SUV at its showroom in Sanad.   The new modern SUV designed with Chery's new concept of 'sensory quality,' is durable, dynamic and stylis

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LMC registers $2.25m net profit

Liquidity Management Centre (LMC), a Bahrain-based wholesale Islamic bank, has reported a net profit of $2.25 million for the first half of this year as against $2.1 million for the same period last year. A statement by the bank said the net p

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Bahrain police undergo training to detect forgeries

Conmen using advanced technologies to forge documents have prompted Bahrain’s police force to undergo special training in fraud detection. A team of experts has attended intense courses and workshops abroad to be able to spot sophisticat

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Samsung launches Galaxy Tab S2 in Bahrain

Samsung Electronics has launched the world’s thinnest and lightest tablet, the Galaxy Tab S2 in Bahrain.   The next generation of Samsung’s flagship series, the Galaxy Tab S2 is not only packaged in t

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Treat for movie buffs as IMAX, Novo 7-star open in Bahrain

Movie-goers in Bahrain are in for complete new viewing experiences at the IMAX theatre and the Novo 7-Star at Seef Mall Muharraq, which opened recently. Launched by Emirati company Novo Cinemas, the IMAX theatre features a floor-t

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Bahrain to host Gulf Pharma-Medical Conference

More than 400 participants including doctors and pharmacists from Bahrain and the other GCC countries will attend the First Gulf Pharma-Medical Conference in the kingdom next month, a report said. The conference will be organised

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Hospitality sector ‘must attract more Bahrainis’

The number of Bahrainis working in the hospitality industry has remained stagnant last year, according to data from the Specific Council for Training in Hospitality. In an exclusive interview with the Gulf Daily News, our

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Tamkeen, Ithmaar Bank expand finance scheme portfolio

Bahrain's labour fund Tamkeen and Ithmaar Bank have signed an agreement to add BD10 million ($26.3 million) to their joint enterprise finance scheme portfolio as part of efforts to provide financing solutions for enterprises to meet their ne

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Villamar restructuring deal signed; work restarts

Gulf Holding Company (GHC), developer of the Villamar project in Bahrain, has signed restructuring agreements with support from Al Rajhi Bank (original majority financiers of the project), GFH (the project’s new financiers) and Al Hamad Co

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