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Bahrain says seizes explosives intended for use in Saudi Arabia

The police chief said the seizure was made possible by information arising from the capture in May of a vehicle containing similar explosives

Bahrain opposition leader sentenced to 4 years in jail

Sheikh Ali Salman has been convicted on charges of creating unrest against the ruling system, his party said.

Amnesty calls for release of Bahrain opposition leader

Sheikh Ali Salman, head of the opposition al Wefaq Islamic Society, was arrested in December

Bahrain jails 57 for plotting bomb attacks

The accused were charged with plans to bomb various sites across Bahrain and for receiving training to carry out such acts from a foreign country

Aluminium Bahrain gets approval for $3.5bn expansion

Construction is expected to start in 2016 and production to begin in 2019, the company said.

Buyout firm Arcapita sells $640m US real estate portfolio

The portfolio includes 16 facilities and 4,000 residential units for continuing senior care, the company said in a statement.

Bahrain says it has broken up Shi’ite group involved in terrorism

Last year, Bahrain declared Saraya al-Ashtar and two other anti-government groups terrorist organisations.

Bahrain sovereign fund Mumtalakat 2014 net profit up 10.8%

The fund holds stakes in Bahraini companies including Aluminium Bahrain (Alba), Gulf Air and Batelco.

Bahrain to cut subsidies for expats as oil slump bites

The government will redirect subsidy policies to benefit local citizens only, an official said.

Credit Cards Bolster Citigroup In UAE, Bahrain And Poland

Citigroup has experienced growth in credit card acquisitions in the UAE of 2.5 times over the past year, it said.

Bahrain Upholds Six-Month Sentence For Prominent Activist Over Tweet

Nabeel Rajab was convicted for “publicly insulting two government bodies.”

Absent From Obama Summit, Bahrain King Expected At UK Horse Show

Like Saudi Arabia’s King Salman, King Hamad has decided to send his crown prince to the United States in his stead.

Bahrain’s Ahli United Bank Q1 Net Profit Rises 7.8%

The bank’s net profit for the three months to March 31 was $147.18 million.

Aluminium Bahrain CEO Optimistic About $2.5bn Expansion Approval In 2015

The plan will make Alba the largest single-site aluminium smelter in the world.

Bahrain’s Al Baraka Q1 Net Attributable Profit Rises 9%

The bank made a net profit attributable to equity holders of $40 million in the three months ending March 31.

Aluminium Bahrain Q1 Net Profit More Than Doubles

The firm said first quarter sales rose 13 per cent year-on-year to BD206.6 million.

Bahrain Cabinet Approves $9.47bn Budget For 2015 -BNA

The budget assumed an oil price of $60 a barrel, forecasting a budget deficit of about BD1.47 billion for 2015.

Bahrain’s GFH Says To Buy Mall In Saudi Arabia For $48m

The investment will produce an average semi-annual cash return of 12 per cent, GFH said.

Bahrain Central Bank Puts Bank, Insurer Into administration

the central bank did not elaborate on why it took the action against Future Bank and Iran Insurance Co.

Bahrain-Dubai Joint Venture Closes Third Bombardier Deal

The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.

Bahrain Sentences Man To Death For Killing Policeman -Agency

The court also sentenced 11 other suspects, most of them in absentia, in the same case to terms ranging from 10 years to life in jail.

Bahrain’s Batelco Hit By Competition And Currency Effects

The company made a net profit of BD14.2 million dinars in the first quarter of 2015.

Bahrain Says Arrests 28 Planning Attacks In Villages

The interior ministry did not name the detainees, say when they were held or elaborate on the nature of the planned attacks.

Bahrain Real GDP Up 4.5%, 4% Growth Expected 2015-16

The country’s hydrocarbon sector also grew stronger than expected, up three per cent.

Bahrain’s Investcorp Appoints Kirdar As New Chairman

Kirdar will replace Abdul-Rahman Salim al-Ateeqi, who will retire as chairman at the end of the current fiscal year on June 30.

Cheap Oil Slows Saudi, UAE Projects But Qatar, Kuwait Rise -ADCB

The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.

Bahrain’s Ahli United Bank Tightens Guidance For $300m Tier 1 Bond

The perpetual, non-call five deal at present has commitments from lead arrangers worth $600 million, documents showed.

Bahrain’s Ahli United Bank Sets IPTs For Benchmark Dollar Tier 1 Bond -Leads

The lender set price guidance for the bond, which will boost its Tier 1 (core) capital, in the low 7 per cent area.

Gulf Finance House To Delist From London, Keep Other Listings

The investment firm had said last week that it would study whether to continue its stock market listings in London and Kuwait.

Lewis Hamilton Ends Final Bahrain Practice On Top

The Mercedes driver lapped the Sakhir circuit with a best time of one minute 34.599 seconds.