Friday 22 May 2015
 
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Private

One-off pension payment agreed for Bahraini private staff

Bahrainis working in the private sector could soon be eligible for a one-off payment from the Pension Fund Authority (PFA) if they complete just five years of service and then quit. Currently, employees are required to work for 15

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Association launched in Bahrain for foreign investors

An association that aims at enabling private investors from abroad to contribute to Bahrain’s economic development was launched yesterday (May 11). It was unveiled under the patronage of Industry and Commerce Minister Zayed

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Royal Jet wins ‘leading private jet charter’ award

Royal Jet, a leading private charter company, has won the ‘Middle East’s Leading Private Jet Charter’ honour at the World Travel Awards 2015 recently. It was voted by travel and tourism professionals worldwide an

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Abraaj in deal to promote private sector development

The Inter-American Development Bank (IDB) and the Inter-American Investment Corporation (IIC), a member of the IDB Group, have established a private-sector focused partnership with The Abraaj Group, a leading private equity investing firm operat

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Bahraini private hospital selling land to pay staff

A private hospital in Bahrain is reportedly planning to sell off land to raise the money it needs to pay staff. International Hospital of Bahrain (IHB) medical director Dr Abdul Shaheed Naseeb blamed an 80 per cent drop in busines

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Health insurance bill for expats in Bahrain shelved

A bill that would have forced employers in Bahrain to provide private health insurance for expatriate employees has been shelved. Shura Council yesterday (March 22) rejected the draft law, which was originally put forward by parli

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Expo 2020 to benefit Middle East private jet business

Private Jet Charter (PJC), a leading independent private jet charter broker, said that Dubai is investing significantly in new aircraft and airport expansion in preparation for the World Expo 2020, which could be a big beneficiary for private je

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Spending boosts Saudi non-oil business growth

Growth in Saudi Arabia's non-oil private sector accelerated to a four-month high in February as lavish handouts to citizens by the new king buoyed the economy despite the plunge in oil prices, a survey of businesses showed on Tuesday.

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Spending boosts Saudi non-oil business growth

Growth in Saudi Arabia's non-oil private sector accelerated to a four-month high in February as lavish handouts to citizens by the new king buoyed the economy despite the plunge in oil prices, a survey of businesses showed on Tuesday.

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ADIB sheds light on investment trends at seminars

Abu Dhabi Islamic Bank’s (ADIB) Private Banking Group recently held a series of seminars for its high net worth customers in Abu Dhabi, Al Ain and Dubai, in line with its ongoing commitment to provide its customers with insights into regio

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