Wednesday 8 July 2015
 
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8 new cafés in Bahrain are licensed to sell sheesha

Eight new coffee shops have been licensed to sell sheesha at a popular leisure destination, despite a ban imposed by the Muharraq Municipal Council. They are located at The Lagoon at Amwaj Islands, where the council, on April 13,

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New fishing law planned in Bahrain

A new comprehensive law to organise all aspects of the fishing industry will be drawn up by the Bahrain government. MPs yesterday (June 30) made more than 50 recommendations for the law, which would officially recognise the indust

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HSBC wins Saudi foreign investor licence

HSBC Holdings has received a qualified foreign investor licence in Saudi Arabia and traded shares on the bourse yesterday (June 15), the first day that direct foreign investment was allowed, the bank said. Saudi Arabia’s Cap

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Cairo Amman Bank wins licence to open branch in Bahrain

The Central Bank of Bahrain (CBB) has granted a licence to Cairo Amman Bank, to open a branch in Bahrain. The licence allows the bank to expand its activities as a wholesale bank from the kingdom, said a report in the Gulf Dai

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Tabuk in license and distribution deal with Innovus

Tabuk Pharmaceutical Manufacturing Company, a leading pharmaceutical company in the Middle East and North Africa (Mena)  region, has entered into an exclusive license and distribution agreement with Innovus Pharmaceuticals. T

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Enec files operating license application for Barakah units

The Emirates Nuclear Energy Corporation (Enec) has filed the Operating License Application (OLA) for Barakah Units 1 & 2 with the UAE’s Federal Authority for Nuclear Regulation (FANR). The submittal follows a five year-l

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HSBC Mideast clarifies on licence cancellation

HSBC Bank Middle East has said its Bahrain operations continue as before and are unaffected by the cancellation of a legacy licence in the country. In a statement, the bank said “the cancellation of the wholesale banking lic

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Hikma signs license deal with Azanta for Nimoral

Hikma Pharmaceuticals, a leading multinational pharmaceutical group, has signed an exclusive license agreement with specialty pharmaceutical company Azanta for its proprietary cancer product Nimoral (nimorazole).   Nimoral is

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KBR, Showa Denko in acetyl technology license deal

Leading technology, engineering, procurement and construction company KBR has signed a deal with Showa Denko to license acetyls technologies globally. The demand for acetic acid products derived including plastic bottles (PET), pa

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Qatar licenses 266 non-energy projects

As many as 266 licenses for non-hydrocarbon manufacturing projects were given by Qatar’s Ministry of Energy and Industry last year, boosting the country’s economic diversification efforts, according a report. These ind

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