Wednesday 20 August 2014
 
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New sheesha rule approved in Bahrain

New rules allowing all of Bahrain's hotels to legally serve sheesha year-round have finally been approved by all five municipal councils.   Previously, the traditional tobacco pipe was only supposed to be ser

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Building rules to be toughened in Bahrain

Tougher construction regulations will soon be introduced in Manama after 15 cars were damaged when high winds blew aluminium cladding off a multi-storey building.   The Manama Municipality is spearheading the ini

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New rules threat to home businesses in Bahrain

Hundreds of low-income families across Bahrain could lose their only source of income as a result of new rules governing home businesses.   People can no longer modify their houses for such purposes if they are n

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Thomson Reuters issues new ‘Matching Rule Book’

Thomson Reuters has announced the publication of a new proposed Matching Rule Book for the entire Thomson Reuters Matching community and designed to reflect a higher standard for acceptable trading behaviours in foreign exchange.

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RAK Properties hails new mortgage rules

RAK Properties, Ras Al Khaimah-based biggest property developer, has lauded UAE Central Bank’s new mortgage rules as ‘a major step in the real estate sector’s journey towards greater maturity.’ By virtue of

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Bahrain court to rule on sex change

A Bahrain court will decide next month whether two women seeking sex changes will be allowed to undergo a life-changing operation, said a report. Judges are reviewing the case of the Bahrainis, who allegedly suffer from Gender Ide

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Egypt plans rules revamp to spur trade

Egypt's financial regulator plans measures by early next year that would allow the launch of exchange-traded funds, spur bond trading and cut red tape to stimulate growth in an economy hammered by nearly three years of political turmoil.

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QFC issues new rules for insurance firms

New prudential rules for insurance firms operating from the Qatar Financial Centre (QFC) were issued by the QFC Regulatory Authority. It was issued following extensive public consultation and dialogue with QFC firms, said a statem

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Oman amends bank reserve rule for liquidity boost

The Central Bank of Oman said on Thursday it had amended bank reserve requirement rules to release RO270 million ($701.3 million) into the banking system to help lenders cope with the financial crisis. Policymakers across the Gulf Arab reg

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