The deal follows Investcorp’s acquisition of cyber security firm SecureLink last year
A US State Department reports says Bahrain has implemented some reforms but “more work remains to be done.”
Bahrain stripped top Shi’ite cleric Ayatollah Isa Qassim of his citizenship earlier this week
The company has signed an agreement with Bahrain-based Behzad group
The bourse statement followed comments from the company’s chief executive on Monday
Under the deal, the Corneliani family will remain minority shareholders
Bahrain stripped the citizenship of Shi’ite cleric Isa Ahmed Qassim on Monday
Isa Ahmed Qassim could potentially face expulsion from the country
The expansion is expected to cost about $5bn
The court has set a hearing in October to look into dissolving the al-Wefaq Islamic society
The fund said an additional substantial deficit reduction effort is required in the region
Bahrain carrier records a 62 per cent reduction on 2014 losses
The organisation pulled back its growth predictions due to lower than expected oil prices
Bahrain is stepping up its borrowing and in late February borrowed $600m
The ratings agency downgraded Saudi Arabia’s long-term issuer rating by one notch
Alba’s chief executive said in November it would reach its target to cut cash costs by $150 per tonne by January 2016
Proposal was made at a Gulf Cooperation Council municipalities conference in Qatar
Six months ago the IMF warned that budget reforms being considered by most of the Middle East’s oil exporters were likely to be inadequate
Gasoline prices in both countries will increase this week
The group has opened new hotels in Saudi Arabia and Jordan with two more planned for Bahrain later this year
The Al-Basta Group was reportedly planning a series of bombing attacks in the Gulf state
The court revoked the citizenship of two defendants while others were ordered to pay fines for damages incurred during the blast.
The mega Chinese themed shopping mall hosts more than 500 companies
The government said that the amount saved from the spending cuts will be redirected for economic development
The military base, constructed at a cost of $23m, will be completed next year
Bahrain’s Foreign Minister said that the Houthi militia can have a future in Yemen if it disarms
Human rights groups have accused Sheikh Salman for not protecting athletes and other football players who participated in the anti-government protests
The Egyptian President will begin his trip on October 27 with a visit to Abu Dhabi, state news agency WAM said
Eight of the 24 accused have been arrested and the rest remain at large, according to a statement by Public Prosecutor Ahmed al-Hammadi
Gulf Air said negotiations with manufacturers were expected to finish by the first quarter of 2016