Friday 11 July 2014
 
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US faces multibillion-dollar bill from climate change

Annual property losses from hurricanes and other coastal storms of $35 billion; a decline in crop yields of 14 per cent, costing corn and wheat farmers tens of billions of dollars; heat wave-driven demand for electricity costing utility customer

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Luxembourg eyes sukuk bill before summer

Luxembourg hopes to adopt a bill before the summer holidays that would allow it to issue its first Islamic bond, with the AAA-rated sovereign opening the door to future sukuk issuance, a filing with the legislature said. The gover

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Pay rise set for Bahrain's public sector employees

Government employees in Bahrain could soon be set for a 20 per cent pay rise under a new spending bill approved by parliament yesterday (June 17).   MPs voted unanimously in favour of the government-drafted bill,

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Pay rise set for Bahrain's public sector employees

Government employees in Bahrain could soon be set for a 20 per cent pay rise under a new spending bill approved by parliament yesterday (June 17).   MPs voted unanimously in favour of the government-drafted bill,

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New health insurance plan approved in Bahrain

A strategy to provide health insurance for Bahrainis and expatriates working in both the public and private sectors has been approved.   Plans to establish an executive committee for the National Health Insurance

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New health insurance plan approved in Bahrain

A strategy to provide health insurance for Bahrainis and expatriates working in both the public and private sectors has been approved.   Plans to establish an executive committee for the National Health Insurance

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Bahrain approves new maid contracts bill

A draft law that outlines job contracts for domestic workers has been approved by Bahrain's parliament.   The bill, proposed by Al Asala Parliamentary Bloc, organises the relationship between employers and ho

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Restaurant runs up $47,555 phone bill in 4 days

A restaurant manager in Bahrain got the shock of his life when he was told he had run up a phone bill of more than BD18,000 ($46,608) in just four days. Sajid Puliyamkot, 38, from India, says he only learned about the bill when he

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A-Map welcomes anti-fraud bill amendment

A-Map, a leading auto parts distributor, has welcomed the proposed amendments to an anti-fraud bill for counterfeit automotive parts. The bill, proposed by the Federal National Council, will cover the country and its freezones and

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Yemen's fuel bill exceeds oil export earnings

Yemen's rising fuel import bill surged past its declining revenues from oil exports in 2013, central bank data showed on Monday, putting increasing pressure on government finances. Yemen, one of the Arab world's poorest co

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