Thursday 23 October 2014
 
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Bahrain Bourse trading volumes surge on new initiatives

Bahrain Bourse (BHB) has seen 197 per cent increase in trading volumes and 104 per cent rise in values in the first half of the year when compared with the same period last year, a top official has said. “The increase was la

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International Rubber Company sales hit $9m in H1

International Rubber Company (IRC), a subsidiary of Masharie, the private equity arm of Dubai Investments, and a leading manufacturer of synthetic rubber profiles in the Middle East, has achieved sales of Dh34 million ($9.2 million) in the first

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Nissan Patrol's sales surge 103pc

The Nissan Patrol shattered sales records throughout the Middle East last month. The July sales for the region hit a record monthly high of 3,581 units, a substantial rise of 103 per cent on the same month in 2013, said a report i

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Bahrain’s mobile broadband users surge

Mobile broadband accounts for almost nine out of 10 Internet subscriptions in Bahrain, according to figures released by the Telecommunications Regulatory Authority (TRA). Of the 1.63 million broadband subscriptions recorded last y

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ABC net profit surges 22pc to $137m

Bahrain-based Arab Banking Corporation (ABC) has reported a 22 per cent increase in consolidated net profit at $137 million for the first half of this year, compared with $112 million for the same period last year. The net profit for th

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Indonesia sees 62pc surge in Bahraini tourists

Indonesia has witnessed a surge in tourists from Bahrain this year as visitors take advantage of the low prices and secure environment. This is the view of Indonesian Embassy social and cultural affairs first secretary Fery Iswand

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Rolls-Royce sales surge 57pc in Bahrain

Rolls-Royce Motor luxury cars recorded a 57 per cent surge in sales in Bahrain in the first half of the year. The growth during the period is due in part to the popularity of the Rolls-Royce Wraith, said a statement from Euro Motors, it

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Twitter's surge revives valuation debate

The surge in Twitter's stock has revived debate about whether it warrants a valuation five times that of Facebook, its biggest rival in social media. Twitter reported on Tuesday that its active users jumped 24 percent to 271 m

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Asry's rig division eyes opportunities

Ship and rig repair yard Asry's offshore rig repair division is preparing for a possible market surge, chief executive Nils Kristian Berge has said.   He highlighted the

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BKIC net profit surges 30pc

Bahrain Kuwait Insurance Company (BKIC) has announced that net profit for the first half of the current year increased 30 per cent from BD2 million ($5.2 million) last year to BD2.6 million. &

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