Saturday 23 November 2024
 
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China's Anbang abandons $14bn bid to buy Starwood

China's Anbang Insurance Group Co said it has abandoned its $14 billion bid for Starwood Hotels & Resorts Worldwide, paving the way for Marriott International to buy the Sheraton and Westin hotels operator.  

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New housing plan for needy Bahraini women

Single Bahraini women, divorcees, widows and abandoned wives could soon be eligible for government homes, after the Shura Council yesterday (March 29) approved amendments to 40-year-old legislation governing social housing services.

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Owners urged to remove abandoned cars from BIA car park

Bahrain Airport Company has urged car owners to remove their abandoned cars from the long-term Car Park ‘C’ at Bahrain International Airport, following its closure, to facilitate the commencement of enabling works for new airport mod

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Expat society in new push as fundraiser shelved

A society set up to defend the rights of Bahrain's migrant workers is looking to plug a BD30,000 ($79,116) hole in its finances after abandoning plans for an annual fundraiser.   Volunteers at the Migrant Wor

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Bahrain plans legal action against circus

Bahrain authorities could take legal action against a travelling circus for abandoning six lions and two tigers at a scrapyard in the kingdom. Police patrols were yesterday stationed at the scrapyard in Salmabad to secure the cats

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Rio Tinto quits $10bn Saudi aluminium JV

Mining giant Rio Tinto is unable to finance its 49 per cent stake in an aluminium joint venture in Saudi Arabia, projected to cost $10 billion because of the global crisis, its Saudi partner said on Wednesday. 'Rio Tinto will not be ab

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Zabeel Investments pulls out of Charlton bid

Zabeel Investments, the Dubai-based investment group, has abandoned its bid to acquire championship club Charlton Athletic after making an offer earlier this month. Zabeel Investments, which was proposing to buy the Championship club, has

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