Friday 29 May 2015
 
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Enoc in bid to buy out Dragon Oil’s minority shareholders

Emirates National Oil Co (Enoc) went public with an offer to buy out minority shareholders in Dragon Oil, saying talks with a committee set up by the Turkmenistan-focused oil explorer had not yet produced the endorsement it believed its ‘f

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Shipping lines pull back from Yemen as conflict escalates

International shipping lines are being forced to scale back or suspend port calls to Yemen as the conflict gets worse, putting pressure on supplies of food as prices rise in local markets. Yemen imports more than 90 per cent of it

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Shipping lines pull back from Yemen as conflict escalates

International shipping lines are being forced to scale back or suspend port calls to Yemen as the conflict gets worse, putting pressure on supplies of food as prices rise in local markets. Yemen imports more than 90 per cent of it

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Alarm is raised over fish stocks in Bahrain

Bahrain’s fish stocks could be wiped out within three years unless urgent action is taken, according to an expert. Agriculture and Marine Resources Directorate marine licences acting head Abdulla Isa said shrimp trawling was

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Bahrain’s infrastructure projects highlighted

Bahrain's plans to roll out a raft of infrastructural, transport and housing projects have been given wide-ranging coverage in a special anniversary report produced by the global publishing, research and consultancy firm Oxford Business Grou

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Al Salam Bank Bahrain to pay $28m in dividend

The shareholders of Al Salam Bank Bahrain will get BD10.7 million ($28.2 million) as dividend following the approval of the board recommendation at the bank's Annual General Meeting yesterday (February 24). The dividend payout

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Tickets for Legend show in Bahrain sells out

Tickets for a Bahrain concert by award-winning American performer John Legend sold out within two hours yesterday (February 23). Hundreds of fans started queuing at a booth in City Centre Bahrain from 9am, even though tickets were

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UAE groundwater ‘could run out with rising agri demand’

UAE groundwater supply, which is the country’s main conventional water resource, could run out by 2030 owing to high demand from agriculture, according to a report. "The groundwater level has declined from 60 metres to

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Hamala highway revamp ‘not carried out after 7 years’

Major improvements to a busy commercial road in Bahrain’s Northern Governorate have still not been carried out, after seven years. Residents have been complaining about traffic accidents and congestion clogging up on the &ls

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Depa wins two hotel fit-out deals in Dubai

Leading interior contracting company Depa has signed two new interior fit-out contracts totalling Dh144 million ($39.1 million) with the Emerald Palace Kempinski Hotel, Palm Jumeirah, and the Novotel World Trade Centre, both in Dubai, UAE.

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