The World Bank has raised its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook as an oversupply in markets is expected to recede.
Amid improving market sentiment and
Aluminium Bahrain, a leading global aluminium smelter, posted a 1.4 per cent increase in its overall sales during the first quarter, despite the downside trend of aluminium prices.
For the first quarter of the
National Bank of Kuwait’s decision to increase its capital by 6.5 per cent would be a positive as it will enhance the bank’s capital adequacy ratios ahead of a full implementation of the Central Bank of Kuwait’s Basel III cap
More people are looking at bariatric surgery as a preferred medical solutions to address their weight problems, particularly across the younger generation suffering from obesity, according to an expert.
Nass Corporation achieved a 20 per cent increase in gross turnover last year at BD99.284 million ($261.4 million) when compared with BD83.026 million for 2014, said a report in the Gulf Daily News (GDN), our sister publication.
Bahrain Duty Free Shop Complex (BDFSC) has reported gross revenues of $77 million for last year, achieving a 3.3 per cent growth over previous year.
The operating profit was $13.7 million, a growth of 14.
Ras Al Khaimah Tourism Development Authority has registered a 12.4 per cent increase in total revenue last year compared to 2014, with industry indicators highlighting a positive performance for the year.
Ras Al Khaimah International Airport recorded significant growth in 2015 across all sectors, registering a 17 per cent rise in passenger traffic over 2014.
Aircraft movements of scheduled flights increased by 26 per cent over 2014