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Ahli United Bank To Issue Tier 1 Bonds, Meet Investors From Thursday

The lender chose Goldman Sachs, HSBC and Morgan Stanley to arrange investor meetings for the bonds.

Bahrain-Based Retailer Jawad Raises $235m Loan

The group is the franchise operator of clothing brand Mango and restaurant chains Papa Johns and Burger King in the Gulf.

Bahrain’s GFH Says To Review London, Kuwait Listings

GFH did not give details of what its review would involve or say when it might be completed.

Bahrain Sovereign Fund Wants To Double Assets Under Management In 7 Years

The fund is seeking targets in Europe and the U.S., and select markets in the Far East, across multiple sectors including logistics and industrials.

Will Bahrain Emerge Stronger From Cheap Oil Era?

Bahrain is walking a fine line as it tries to balance social spending and a growing fiscal deficit during a period of cheap oil.

Bahrain Arrests Activist Nabeel Rajab Over Tweets

Rajab, founder of the Bahrain Centre for Human Rights, is appealing after being convicted in January of publicly insulting two state institutions.

Bahrain’s BKIC Takes 10.8% Stake In Takaful International

BKIC bought 6.7 million shares of Takaful International valued at $1.52 million from Kuwait’s Osoul Investment Co, a statement said.

Bahrain Begins Issuing Multiple Entry Visas For GCC Residents

The move is expected to increase flexibility among visitors and ease access to the country, officials said.

Bahrain Launches Wakala Liquidity Tool For Islamic Banks

The one-week wakala contracts will allow the banks to deposit excess funds with the central bank.

Bahrain’s Ahli United Bank Appoints New Chairman

Hamad al-Humaidhi has been appointed the new chairman of Ahli United Bank.

Bahrain’s Mumtalakat, Investcorp Acquire Private School Network In US

Nobel Learning, which operates 176 schools across 18 states, was acquired from Leeds Equity Partners for an undisclosed sum.

Bahrain-Based Terra Sola To Build $3.5bn Solar Plant In Egypt

The project is expected to provide 2,000 megawatts of solar energy to Egypt.

Bahrain’s BBK Launches $400m 5-yr Dollar Bond

The transaction will have a spread of 200 basis points over midswaps, a document showed.

Bahrain’s BBK Tightens Price Thoughts For 5-Year Benchmark Dollar Bond

BBK has returned to the market in its first debt issue since 2010 to refinance an existing $500 million bond maturing in October.

Investcorp Buys U.S. Residential Properties For About $300mn

The deals, made through its U.S. based property arm, bring the fund’s total purchases of properties in the country in the last 12 months to over $850 million, it said in a statement.

Bahrain Seizes Bomb-Making Equipment Aboard Bus From Iraq

Authorities found 140 detonators, 41 electrical circuits, a remote control device and some cellular telephones hidden inside electrical appliances on the bus.

Bahrain Bank BBK May Price 5-Year Benchmark Dollar Bond Tuesday

BBK has returned to the market in its first debt issue since 2010 to refinance an existing $500 million bond maturing in October.

Bahrain’s GFH Proposes Capital Cut, No Dividend For 2014

The firm plans to reduce the number of shares by 40 per cent instead of cutting their nominal value.

Bahrain Detains Student, Teachers Over Koranic Recitation To Music

Footage allegedly showing the student reciting Koranic verses while a teacher played an instrument to accompany him were posted on social media.

Inmates Injured In Clashes At Bahrain Prison -Rights Group

The rights group said that the disturbance at the prison was sparked by an assault by security guards on family members trying to visit relatives held at the remote facility.

Bahrain Refinery Expansion To Cost Some $5bn, Online By 2019

The increase in refinery’s capacity according to the current plan is from 260,000 barrels per day to 360,000, the minister said.

Bahrain Says Will Address Audit Report On $1bn Spending Violations

A report by a state audit body alleged BD400 million of public funds had been wasted by government departments and state-linked firms.

Bahrain To Investigate Alleged Waste Of $1.1bn Of Public Money

The National Audit Court (NAC) produced the figure in its 2013/14 report, a local daily reported.

Bahrain’s Sheikh Salman Set To Win Asian Football Presidency Unopposed

Sheikh Salman will also secure himself a term as vice-president of soccer’s world governing body FIFA.

Bank of Khartoum To Open First Gulf Branch In Bahrain

Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks.

Four Seasons Bahrain Officially Opens

Luxury operator’s arrival further stokes competition in the Kingdom’s five-star sphere

Bahrain Charges 17 Bombing Suspects

The group had set off bombs in the island kingdom’s Maqaba, Al-Janabiya, Budaiya and Qarya vilages.

Bahrain Sentences Three Men To Death For Killing Policeman

The ruling is the latest in a series of strict penalties handed down to those accused of seeking to destabilise the Western-allied kingdom.

Bahrain Banks On Infrastructure, Private Sector To Ride Out Cheap Oil

Experts say that Bahrain had managed to diversify its economy enough in recent years to make lower oil prices less damaging.

Bahrain’s GFH Plans $230m Sukuk Issue In 2015 To Fund Acquisitions

The bank is borrowing from financial markets again as it recovers from a debt restructuring.