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Bahrain Jails 13 For Life Over Protest, Attack – Lawyer

Defendants were accused of attacking two officers and of taking part in an illegal protest, according to their lawyer.

Bahrain Watchdog Eases Batelco Broadband Price Restrictions

Batelco’s share of retail broadband subscribers has fallen to 20-30 per cent in 2012 from 70-80 per cent in 2008.

Bahrain’s Batelco Plans Further Buy-Back Of 2020 Bonds

The company has offered to buy back up to $200 million in principal amount of its 4.25 per cent, $604.4 million guaranteed notes maturing in 2020.

Policemen Injured By Bomb On Highway In Bahrain

Bahrain has experienced unrest over the past three years by majority Shi’ite Muslims demanding political reform.

Kempinski Checks Out Of Bahrain Mall

Majid Al Futtaim plans to introduce a brace of brands in the two towers which connect with the shopping centre

Saudi Arabia Hanco Consortium Buys Rental Firm Byrne

Saudi Arabia’s Hanco and Bahrain’s Venture Capital Bank bought Byrne for around Dhs600 million.

Bahrain’s Khaleeji Commercial, Bank Al Khair Drop Merger Plans

The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said.

Bomb Blast In Bahrain’s Sitra Village Injures Policeman

It was not immediately clear who planted the bomb or the extent of the damage.

Bahrain’s GFH Eyes Share Capital Reduction, Convertible Sukuk

The Islamic investment firm’s unit is in the process of selling a majority stake in English soccer club Leeds United.

Bahrain Fund Mumtalakat Plans No Bonds In 2014, To Pay Off Small Loan

Mumtalakat had $7.1 billion of assets under management at the end of September and holds stake in 40 firms in Bahrain’s non-oil sector.

Bahrain’s GFH To Start $3bn Tunisia Project

The financial park and real estate project had been suspended for five years.

Bahrain Says Foreign “Terrorists” Behind Blast That Killed Three Police

Bahrain, which has been seeing clashes between Shia and Sunni sects, accused Shi’ite Iran on Thursday of fomenting bloodshed in the kingdom.

Bahrain Says Two Children Injured As Bomb Explodes

The two children, aged 10 and 11, had been instructed by “terrorists” to plant a bomb in Daih, a ministry statement said.

Saudi, UAE, Bahrain Withdraw Envoys From Qatar In Security Row

They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.

Bahrain To See Further Bank Mergers This Year – Central Bank Governor

In 2013, there were four separate examples of consolidation in the Bahraini banking sector.

Bahrain’s Al Salam Bank Launches Asian Islamic REIT Fund

The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG.

UAE Officer Among Three Policemen Killed In Bahrain Blast

A bomb detonated during a protest in a village west of the capital Manama.

Bahrain Eyes External Sharia Audits For Islamic Banks

Regulators around the world are increasing their scrutiny of Islamic finance, including the boards of sharia scholars who rule on whether activities follow religious principles.

Bahrain’s Gulf Finance House Doubles Q4 Profit On Investment Revenue

The investment firm made a net profit of $5.2 million in the three months to December 31.

Bahraini Islamic Bank Al Baraka Q4 Net Income Climbs 23%

The Islamic lender recorded a net attributable profit of $32 million in the three months to December 31, 2013.

Bahrain’s Batelco To Take Control Of Kuwaiti Internet Firm

Batelco will buy 46 per cent of Qualitynet from Ali al-Ghanim & Sons for an undisclosed fee.

Bahraini Man Sentenced To Death Over Policeman Killing

Six others were sentenced to life imprisonment for the killing of a policeman after a protest last year.

StanChart Singapore Head To Join Bahrain-Based Arab Banking Corp

Ray Ferguson joins the ABC Group after working with Standard Chartered for 28 years.

Bahrain’s Al Baraka Islamic Bank Sees New Scope To Expand

The bank’s growth in 2014 will be fuelled by the company’s entry into the Moroccan and Libyan markets and expansion in Tunisia.

Zain Bahrain IPO Moves Closer With Notice In Govt Gazette

Under the terms of its licence, Zain Bahrain must sell 15 per cent of its shares in an IPO and list on the Bahrain bourse.

Bahrain: Banking On Consolidation

The global financial crisis and political instability dented Bahrain’s banking sector but will a recent wave of M&A activity burn around its fortunes?

Zain Bahrain To Launch Stock Flotation By End June

The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.

Aluminium Bahrain Q4 Net Income Drops 74%

Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).

Bahrain’s Gulf Air To Resume Flights To Tehran Next Month

The airline said it would operate four weekly flights to Tehran, starting from March 3.

Fitch Revises Batelco’s Outlook From Stable To Negative

The revision was mainly driven by Fitch’s concern about regulatory uncertainty in Bahrain, it said.