Thursday 28 May 2015

Bahrain unveils new clampdown on fundraising

Bahrain has introduced a key legislation regulating fundraising, banning ordinary people and legal entities from raising funds ‘for public purposes’ unless licensed by the relevant ministry. His Royal Highness Prime Mi


Bahrain mulls curbs on corporate fundraising

Bahrain could soon impose restrictions on private and corporate fundraising as part of attempts to thwart terrorist funding, a report said. Social Development Minister Dr Fatima Al Balooshi yesterday presented a series of draft by


Abu Dhabi to rein in state firms' bond binge

Abu Dhabi plans to curtail bond sales by state companies and review the investments they hold to ease through the sale of sovereign bonds and ensure the firms' actions benefit the economy. The plan to centralise fundraising and crack down

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