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Bahrain Toughens Penalties For Insulting King

Offenders will face a jail sentence of up to seven years and a fine of up to $26,500.

Bahraini Lenders Al Salam Bank And BMI Bank Complete Merger

The merger is being carried out through a share swap of 11 Al Salam Bank shares for every one BMI Bank share.

Investcorp’s H1 Fiscal Year Net Income Up By 53%

The company recorded a net income of $60.1 million in H1 FY 2014, compared to $39.2 million last year.

Bahrain Aims For New Business With Takaful, Sukuk Rules

The new rules cover the operations and solvency of takaful firms.

Bahraini Court Shuts Down Shi’ite Clerical Group

The decision comes soon after stalled reconciliation talks between the ruling family and the opposition were revived.

Bahrain’s Batelco Profits Fall, Buys Back Bond

Batelco confirmed a deal with Cable & Wireless Communications in 2013 to buy its Monaco and Islands Division for $570 million.

Bahraini Police, Protesters Clash After Funeral

Sunday’s violence followed the death of 20-year-old Fadhel Abbas, who died in police custody.

Bahrain’s Mumtalakat Eyes New Investments As Portfolio Improves

The Bahraini wealth fund’s finances were hit by losses at struggling national carrier Gulf Air.

Bahrain Deadlocked Talks Saved From Brink

Earlier this month the government said it was suspending talks with opposition groups.

Gulf Finance House To Sell 75% In Leeds United, Retain 10% Stake

GFH, which bought the second-tier club in 2012, said it had agreed to sell the stake to a consortium of British investors.

Investcorp Sells UK-based TDX Group to Equifax for $327m

TDX is the UK’s largest debt placement services and debt management platform company.

Bahrain Crown Prince Meets Opposition On Ending Political Deadlock

Reconciliation talks were suspended last week in a setback for efforts to stabilise the country.

Bahrain’s GFH Agrees Part Sale Of Leeds United Stake

GFH bought Leeds United in December 2012 through its Dubai-based subsidiary, GFH Capital.

Alcoa Pays $384m To Settle Alba Bribery Charges

Criminal and civil allegations claimed officials were bribed for years to accept the supply of raw materials from Alcoa.

Bahrain Suspends Reconciliation Talks With Opposition Groups

The breakdown raises the prospect of more political instability in the country.

Investcorp Acquires Minority Stake In Turkish Food Producer

Investcorp recently bought a 25 per cent stake in Saudi Arabia’s sports and fitness business Leejam Sports Co.

Bahrain Names Bahraini Living In Iran As Suspect In Foiled Attacks

The Gulf Arab kingdom has been rattled by bouts of unrest since February 2011.

Bahrain Impasse Risks More Instability In 2014

Authorities are using arrests, raids and strict new laws against activists seeking political reform.

Bahrain Hikes Salaries For Government Workers

The benefits are estimated to cost the government BD6 million annually.

Bahrain Says Probing Torture Claims By Men Jailed In Bombs Case

Three men in the Kingdom have been jailed for 15 years for two homemade-bomb attacks.

Bahrain Fuel Price Hike In Doubt As MPs Boycott Debate

Bahrain’s National Oil and Gas Authority (NOGA) announced plans on Dec. 23 to raise the price of diesel from Jan. 15.

Bahrain Jails Five For 15 Years For Bomb Attacks

The men were convicted of carrying out two attacks, including one during last year’s Formula 1 race.

Bahrain Court Acquits Princess On Trial For Torturing Doctors

The alleged torture took place in 2011 when Bahrain was hit by unrest.

Bahrain To Double Diesel Prices By 2017 To Cut Subsidy Burden

The price will rise to 120 fils ($0.32) per litre next Jan. 14, to 140 fils in Jan 2015, 160 fils in Jan 2016 and 180 fils in Jan 2017.

Bahraini Batelco’s Foreign Ambitions Crimped

The Bahraini operator bought Cable & Wireless Communications’ (CWC) Islands division for $570 million in April.

Bahrain’s GFH Names Rayes As Permanent CEO – Statement

Hisham Al Rayes had been acting CEO since March 2012.

Bahrain Economic Growth Slows To 4.6% In Q3

The oil sector contributed about 45 per cent of output growth, thanks to higher crude prices on global markets.

Julius Baer Acquires Merrill Wealth Units in U.A.E, Bahrain

The Swiss wealth manager will gain a foothold in Beirut and Manama and strengthen its existing presence in Dubai.

Gulf Air Starts Al Maktoum International Flights

DWC greets its first full service carrier as Gulf Air marks its first flight to the new airport

US Navy To Expand Presence In Bahrain

The Gulf state is currently home to the US 5th Fleet.