Thursday 23 May 2013
 
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Bahrain clamps down on illegal workers

New rules could be introduced to clamp down on rogue companies who knowingly employ illegal workers in Bahrain, a top official at the LMRA said. The pledge came from Labour Market Regularity Authority chief executive officer Ausam

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Japan firms shut China plants after violent protests

  Major Japanese firms have temporarily shut factories and offices in China after angry protests flared across the country, the result of a territorial dispute that has triggered one of China's worst outbreaks of anti-Japan s

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Bahrain push to boost growth of firms

Bahrain government is taking all steps to improve the commercial climate for organic growth of firms, including facilitating new company incorporations, and continuously amending laws and regulations to ensure their relevance, said a senior offici

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Firms invited for report on outsourcing

Silah Gulf, a business process outsourcing and customer experience provider, is inviting companies to take part in its Global Contact Centre Benchmarking Report. Now in its 13th year, the report is the world's most comprehensive annual

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GCC corporate earnings up 26pc

Last year GCC corporates saw overall earnings growth of 26 per cent as compared to 2010. Total earnings came in at $52.3 billion against $54.26 billion in 2010. Second-half earnings were driven by strong performance from commodity companie

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Tamkeen offers $26m in aid for ailing firms

Applications are again being accepted from businesses seeking to benefit from the BD10 million ($26.52 million) Enterprise Support Fund of Tamkeen, Bahrain’s labour fund. The fund was launched last June to enable distressed companies cover

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Bahrain Bourse amends listing rules for firms

Bahrain Bourse has amended regulations and requirements for listing of closed companies at the bourse. A resolution in this respect was issued by board of directors chairman Yusuf Abdulla Humood. The first article of the resolution stipula

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Arcapita to target fast growth firms

Bahrain-based investment firm Arcapita is looking to target potential growth companies across the region to help develop economic growth through supporting entrepreneurs. It is planning to work in partnership with All World Network, an int

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Firms shift losses to high-tax countries

For nearly two decades, global corporations have increasingly shifted trillions of dollars in worldwide profits to low-tax countries across the Caribbean, Europe and Asia to reduce their tax bills and maximize the bottom line, said experts.

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Gulfnet launches service for small firms

Gulfnet Communications, Kuwait’s leading Internet and online data services company, has launched a practical and convenient online service for small businesses or business start ups. The ‘Small Office Home Office’ (Soho) service is special

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