Thursday 24 April 2014
 
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Firms urged to increase women’s role in business

Companies around the world should increase the role for women in business, urged the chairman of Qatar’s leading telecom operator Ooredoo.   Speaking at 'Gender & the Economy' event which was ho

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BMW Mideast sales up 18pc in Q1

BMW Group Middle East has posted an 18 per cent increase in sales growth, powered by robust sales of its 5 Series, during the first quarter of the year.   The company sold a total of 7,460 BMW and Mini vehicles i

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Alba Q1 sales figures up 3.1pc

Aluminium Bahrain (Alba) recorded a 3.1 per cent year-on-year increase in sales figures, which rose to 226,472 tonnes during the first quarter.   The production figures were up by 2.1 per cent YOY to reach 232,29

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Nakheel sees Q1 net profit up 28pc

Dubai property developer Nakheel reported a 28 per cent increase in first-quarter net profit on Wednesday (April 9).   The government-owned company made a net profit of Dh629 million ($171.3 million) in the first

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Green Valley posts $5.4m profit in Q1

Green Valley International Real Estate has posted Dh20 million ($5.4 million) profit in the first quarter, a 15 per cent increase over the same period last year.   The company’s revenue touched Dh50 million

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Citadel Capital to close rights issues on April 9

Citadel Capital, a leading investment company in the Middle East and Africa, has received regulatory approvals to close its capital increase with full subscription on April 9.   The rights issue will bring the fi

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Al Hilal Bank to hike capital to fuel growth

Abu Dhabi government-owned Al Hilal Bank is considering a capital increase this year to support growth of its operations, its chief executive said on Monday.   The Islamic lender, owned by the Abu Dhabi Investmen

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Mushrif raises capital by $37m

Mushrif Trading & Contracting, a leading civil construction company in the region, said it has increased its capital by KD10.7 million ($37.9 million).   The company’s total paid up capital has reached

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Abused female expat workers in Bahrain up 25pc

Numbers of abused female migrant workers seeking protection have increased by 25 per cent in Bahrain, according to campaigners.   A shelter in Manama, operated by the Migrant Workers Protection Society (MWPS), ga

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Traffic chaos fear in Bahrain

A Bahraini MP has warned against an alarming increase of vehicles in Bahrain.   According to new statistics, the number of registered cars last year soared to 544,808, up 39,659 on 2012, said a report in the Gulf

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