Tuesday 27 January 2015
 
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Private

Private sector role 'vital to boost development'

Promoting entrepreneurship and expanding access to financial services are key to developing countries growing a vibrant private sector, United Nations Secretary General Ban Ki-moon has said. According to him, the economic and fina

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Iran’s private sector makes 1.44m tonnes of steel ingots

More than 1.44 million tonnes of steel ingots have been produced by Iran’s private sector during the nine-month period from March 21 to December 21 last year, according to a report. According to the Iranian Steel Producers A

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New medical plan for expats in Bahrain

A new health care scheme for private sector foreign employees was launched in Bahrain yesterday (January 6). Each private company must pay an annual BD72 ($189.8) per expat employee on renewing work permits at the Labour Market Re

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Bahrain launches new health care system

Bahrain has announced a new system to provide basic health care for its private sector workers. Health Minister Sadiq Al Shehabi said the system now compels companies with less than 50 workers to take part in facilities provided b

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UAE’s non-oil sector records marked business improvement

The UAE’s non-oil private sector economy has continued to record a marked improvement in business conditions mid-way through the final quarter of the year, according to SABB/HSBC survey data. The SABB/HSBC Emerging Markets I

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AUB named ‘Private Bank of the Year - Bahrain’

Bahrain-based Ahli United Bank (AUB) has been recognised as the "Private Bank of the Year - Bahrain" at the Global Private Banking Awards 2014. The awards are a joint initiative by The Banker and Professional Wealth Mana

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Greater private sector role in power generation urged

The UAE’s utilities authorities have called for greater private sector role in power generation as the country explores ways to meet its growing power requirements. Dr Matar Al Neyadi, undersecretary at the UAE Ministry of E

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DHA unveils price regulation model for health services

The Dubai Health Authority(DHA) has unveiled the price regulation model for health services in the private sector that will be applicable from next year. Essa Al Maidoor, director-general of DHA, said: “This model essentiall

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Saudi non-oil sector posts big growth; UAE slumps

Non-oil private business activity in Saudi Arabia grew at the fastest pace in over three years last month, buoyed by strong expansions in new orders and employment, while the UAE’s business activity growth in the non-oil segment  fell

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Falcon Private Bank appoints new head

Falcon Private Bank, a leading Swiss private bank specialised in asset management for high net worth private clients and families, has appointed Erich Pfister as the new global head private banking, which will be effective from January next year

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