Ticket sales for this weekend's Gulf Air Bahrain Grand Prix are up 22 per cent compared with last year, Information Affairs Minister and official government spokesman Isa Al Hammadi told a press conference after the Cabinet session yesterday
RAK Ceramics, one of the world's biggest makers of floor and wall tiles, has inked a deal for the sale of its 51 per cent share in its joint venture firm to Laticrete International for Dh48.1 million ($13 million).
The joint v
Bank of Bahrain and Kuwait (BBK) has announced it executed a large trade on the Bahrain Bourse on behalf of a client through its division - BBK Brokerage Services.
Bahrain Kuwait Insurance Company (BKIC) has taken a 10.7 per cent
E-commerce sales in the Gulf Cooperation Council (GCC) is set to touch $41.5 billion by 2020, one of the highest growths across the industry worldwide, according to experts.
Awok.com, a UAE-based online shopping platform, has seen
Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit was not an exit from its investment in the Italian bank, but a way to improve its own finances.
The Malaysian Islamic banking arm of HSBC Holdings has raised 750 million ringgit ($205 million) from the sale of a five-year Islamic bonds (sukuk) at a yield of 4.24 per cent, IFR reported.
The sale is the third tranche of the le
Aldar Properties, a leading developer based in Abu Dhabi, UAE, said it has successfully completed the sale in just one week of all 281 land plots at Al Merief, a master-planned residential community for UAE nationals located in the fast gro
The sale of high-density polyethylene (HDPE)-based range of products including milk bottles, water pipes and films, is set to grow 4.2 per cent per annum to reach $85.8 billion by 2022, according to a recent research.
A luxurious 10,500-sq-ft New York apartment owned by a Saudi prince which is furnished with bullet-proof panic rooms and a sushi island bar, has been put on the market for $48.5 million down from the $75 million price it was listed for in 2012,
Walkie-talkie and radio systems maker Motorola Solutions is looking into a possible sale, Bloomberg reported, citing people familiar with the matter.
Potential buyers could include private-equity firms and defense contractors incl