Saturday 30 August 2014
 
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Bahrain businesses vow day's income for Gazans

Business across Bahrain have pledged to donate a day's revenue as part of a humanitarian campaign to raise funds for the besieged population of Gaza. Private clinics and health centres make up the majority of participants - wi

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Bahrain to increase visa fees from October

Visa fees are set to increase for everyone entering Bahrain from October, excluding labourers and domestic workers. This was announced by the Interior Ministry's General Directorate for Nationality, Passports and Residence Aff

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Lifeline for small businesses in Bahrain

Owners of small businesses in Bahrain will be able to benefit from social insurance. They will also now be included by the General Organisation of Social Insurance (Gosi), the Cabinet was told yesterday (August 17), said a report in the

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Investcorp sells firm to Observer Capital

Investcorp, an alternative investment manager listed on the Bahrain Bourse, has sold its SourceMedia, a business-to-business media company, to private equity firm Observer Capital. Terms of the transaction were not disclosed, said a rep

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BMI Bank's business 'is robust and profitable'

BMI Bank chief executive Jamal Al Hazeem has reiterated the bank continues to have a robust and profitable core business. "We continue to maintain an excellent capital adequacy ratio of over 15 per cent with very strong liquidity,&

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Air Arabia chief wins top business award

Air Arabia Group chief executive Adel Ali has won the "Airline Business Award" at the Airline Strategy Awards 2014 in London.   Ali received the award in recognitio

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New Bahrain firm eyes European VAT reclaim business

A new company in Bahrain that specialises in reclaiming value added tax (VAT) imposed by some European countries is looking to capitalise on its first mover advantage.   Acco

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Mideast HNW business owners focus on growth

Growing their business remains the primary and dominant goal for High Net Worth (HNW) business owners in the Middle East, according to a new study. The “Business Before wealth” report, launched by Standard Chartered Pr

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Saudi non-oil business activity at 5-month high

Growth in Saudi Arabia's non-oil business activity rose to a five-month high in June, bolstered by strong growth in output and new orders, a survey showed on Thursday. The seasonally adjusted SABB HSBC Saudi Arabia Purchasing

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Mideast veteran Dundas joins Qalaa board

Qalaa Holdings (formerly Citadel Capital) has appointed Philip B. Dundas, a veteran in the Middle East business community with expertise in energy, finance, restructuring, joint investment as well as mergers and acquisitions, as a non-executive

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