Friday 22 November 2024
 
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Bahrain

Petrol stations may go private

Bahrain's oil and gas affairs minister confirmed the government had asked a team of consultants to look into the possible privatisation of Bahrain's state-held petrol stations. Dr Abdulhussain Ali Mirza, who also serves as the chairman of

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HSBC Bahrain in new move

Banks need to reassess their relationship with small and medium-sized businesses (SMEs) to encourage the growth of the Bahraini economy, HSBC Bahrain said. In the past, SME clients used to be relationship-managed alongside large corporate

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New milestone for business portal

TradeArabia.Com, the business news and information portal of Al Hilal Group, has completed the integration of Gulf Industry magazine's online version within the site's industry section. The firm said the integration of

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Auction sites seek business

A lack of trust and experience of Internet users in Bahrain is the main obstacle facing the country's only online auction room to reach its full potential, according to its owners and IT experts. The website soogon.com was launched in Apri

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New plant to meet energy needs

Bahrain's newly-operational first private power plant will allow the country to meet its high energy requirements. Al Ezzel Power Company (AEPC) chief executive Stafford Reimers said the $500 million Al Ezzel power plant in Hidd Indus

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CR renewal via post office

Bahrain's business owners will be able to save on time and paperwork thanks to an agreement which will allow them to renew their commercial registrations (CRs) at branches of Bahrain Post Office. At a ceremony held at the Ministry for Post

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Insurance veteran joins LIC

L Ajith Kumar has joined Life Insurance Corporation (LIC) International Bahrain as general manager. He succeeds Niraj Agarwal, who has joined LIC International's new joint venture company in Riyadh, the Saudi-Indian Company for Co-operativ

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Clampdown on 'Dream Boxes'

Bahrain is clamping down on the illegal programming of popular 'Dream Box' satellite receivers, it was announced. However, the sale of the receivers has not been outlawed, Information Ministry publications director Jamal Dawood said.

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Price range for GFH's GDRs announced

Gulf Finance House (GFH) has announced the price range for its international offering of Global Depositary Receipts (GDRs). One of the Gulf region's leading Shari'a compliant investment banks has published a preliminary prospectus in this

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Batelco hosts Group IT Forum

Batelco hosted a one-day Group IT Forum at the company's headquarters in Hamala. The forum was held as part of the Batelco Group's efforts to maximise the benefits of their IT systems and applications in order to generate maximum synergy b

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