Thursday 5 May 2016
 
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BHB adopts treasury bills trading guidelines

Bahrain Bourse (BHB) has adopted guidelines on the trading of treasury bills (t-bills) in its market.   Shaikh Khalifa bin Ebrahim Al Khalifa, chief executive officer, said the t-bills market is one of the joint

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5-year strategy urged to cut Bahrain’s medicine bill

A five-year strategy to slash Bahrain’s medicine bill has been proposed following a three-day meeting of experts in Manama. It will now be referred to Health Ministry chiefs and could form the basis of a national effort to reduce spendin

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Row over electricity bill disrupts work at Garmco

Work was disrupted at a Bahrain-based aluminium facility yesterday (November 5) when electricity was disconnected due to confusion over a bill. Power was disconnected at a unit of Gulf Aluminium Rolling Mill (Garmco), in Sitra, said a report i

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Fears grow as ME food imports set to double by 2035

The cost of food imports to Arab states is expected to double over the next 20 years, potentially spurring more violence and waves of refugees, if the region's farms do not become more efficient, an agriculture expert said. &n

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Redesigned $10 US bill to feature a woman

For the first time in more than a century, US paper currency will feature the face of a woman. Treasury Secretary Jack Lew said on Thursday a newly redesigned $10 bill, set to be unveiled in 2020, will feature ‘a woman who h

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Gates Foundation approves emergency funding for Yemen

The Bill & Melinda Gates Foundation has approved funding of $800,000 for the International Medical Corps (IMC), a leading global first responder, to deliver emergency relief through the 78 health facilities it supports across Yemen, includin

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Bahrain TRA probes identity theft claims

Bahrain’s telecom watchdog is investigating 10 cases of travel bans imposed on expatriates with outstanding phone bills, who allegedly never registered for mobile services. Telecommunications Regulatory Authority (TRA) offic

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Health insurance bill for expats in Bahrain shelved

A bill that would have forced employers in Bahrain to provide private health insurance for expatriate employees has been shelved. Shura Council yesterday (March 22) rejected the draft law, which was originally put forward by parli

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Egypt to issue $950m 1-year Treasury bill

Egypt plans to issue a $950 million one-year Treasury bill open to both local banks and international financial institutions next week, the central bank said on Thursday. It said the auction deadline was January 12, and the dollar

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Fawry rolls out electricity bill payment service in Egypt

Fawry, a leading electronic bill presentment and payment (EBPP) platform in Egypt, has rolled out its electricity bill payment service nationwide. Egypt’s electricity providers are part of the Fawry network now, allowing cus

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