Tuesday 1 September 2015
 
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Bahrain builds 200 houses in aid for Haiyan survivors

Bahrain is building more than 200 houses in a remote area of the Philippines for families whose lives were torn apart by a deadly typhoon almost two years ago. The Bahrain Red Crescent Society (BRCS) is spearheading the $2 million

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Homes priority for disabled urged in Bahrain

Campaigners  are calling on authorities to fast-track applications for social housing for Bahrainis with special needs. There are around 60,000 people on the Housing Ministry’s list with many families having to wait up

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Aster DM to help rebuild 500 houses in Nepal

Aster DM Foundation, the charitable arm of Aster DM healthcare, has donated Dh1.4 million ($381,077) to the Nepal Prime Minister’s relief fund to rebuild 500 houses in earthquake-stricken villages. It includes 23 homes of As

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Bank of America Merrill Lynch wins top M&A award

Bank of America Merrill Lynch has been recognised as the ‘Best M&A House in the UAE’ at the 2015 Euromoney Middle East Awards for Excellence recently. The bank has worked on some of the UAE and wider GCC region&rsq

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Saudi Arabia housing rents set for steep hike

There will be a sharp rise in apartment rental prices across Saudi Arabia over the next six months, thanks to the effect of the 30 per cent mortgage law, said a report. Stability is likely only in 2017, when the kingdom’s governme

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Revamp of run-down houses in historical areas urged

A call has gone out to revamp run-down houses located in historical areas in Bahrain instead of demolishing them. Bahrain Authority for Culture and Antiquities (BACA) heritage construction consultant Dr Alaa El Habashi said the te

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Dubai house prices to fall further this year: Cluttons

Dubai house prices are likely to fall further this year as tougher mortgage lending rules, higher transaction fees and rising living costs dampen demand, a report from consultants Cluttons predicted on Wednesday. The emirate's

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Finance House posts $6.9m net profit

Finance House has registered a consolidated net profit of Dh25.53 million ($6.9 million) for the first quarter of the year, compared to Dh35.51 million during the same period in the previous year. The net interest income and incom

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Bahrain considers alternatives to jail for criminal offenders

Alternatives to prison sentences for criminal offenders are being considered in Bahrain, it has emerged. House arrest and mediation are among new avenues being explored, Public Prosecutor Dr Ali bin Fadhel Al Buainain told the

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Maid in Bahrain stranded in row with sponsor

A housemaid who claims she was not paid for a year, locked up without food, physically abused and prevented from speaking to her family is now stranded in Bahrain because her employer won't authorise her return home. Nazifah N

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