The new system is part of efforts by the central bank and the bourse to develop Bahrain’s capital markets and increase their contribution to economic development
The investment firm sold the development rights to a plot of land measuring 3.66 million sqm in Qatar’s Lusail City
A witness said that protest marches turned violent, with dozens of young men throwing petrol bombs at security forces who fired bird shot and tear gas back.
The witnesses said protest marches in Sheikh Salman’s district of the capital, turned violent, with security forces firing bird-shot and tear gas at the demonstrators.
Design-led hotel targets business and leisure guests as more five-star supply beckons
Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested after leading a protest rally against elections.
Signed just before the end of 2014, the loan is structured as a revolving credit facility.
The U.S. State Department expressed concern over the detention of a senior opposition leader on Wednesday, saying it would further inflame tensions in the country.
The U.S. State Department said that it was concerned that an arrest of such a senior leader could inflame tensions in the country.
Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested on Sunday after leading a protest rally against last month’s elections.
The verdict was announced by the chief prosecutor of terrorist crimes who said that the three were among 12 people charged with a bomb attack in February that killed the policeman.
A lawyer who represents al-Wefaq said the charges against him include incitement against the government, calling for its overthrow by by force and inciting the youth to revolt.
The officials did not specify the nature of violation that occurred during the rally.
Fitch Ratings downgraded Bahrain’s credit outlook last week to negative, saying the fall in oil exacerbated an already challenging fiscal situation.
The move will boost the GCC’s tourism industry, helping sectors such as aviation and hospitality.
The bomb explosion occurred in Bani Jamra, a Shi’ite village northwest of the capital Manama.
A senior official said that gas will be transported by sea from Russia to Bahrain but did not specify the amount of gas that will be imported.
Shares of three Bahraini companies are listed on DFM and accounted for one tenth of the bourse’s traded value this year.
The Arabic language news channel, based in Bahrain, was initially slated to begin airing in end-2012.
Voice calls accounted for 64 per cent of the operators’ revenues in 2013, data was 18 per cent, text messaging four per cent and subscription payments 14 per cent in Bahrain.
ahrain became the first Middle East country to host a grand prix in 2004 and Abu Dhabi followed in 2009.
Zainab al-Khawaja was also sentenced to three years in jail and fined 3,000 dinars in December for tearing up the king’s photograph.
The attack was the second fatal one in the Gulf Arab state in two days.
Police were investigating the attack in an area called Damistan, the ministry said in a statement.
Jamal al-Hazeem departure was “mutual and amicable” from the role he took up in 2010, the bank said.
Under the agreement, the Ministry of Defence (MoD) said onshore facilities at the Mina Salman Port in Bahrain would be improved.
Zainab al-Khawaja is the daughter of jailed activist Abdulhadi al-Khawaja.
GFH plans to acquire established regional companies to build a broader wealth management platform, rather than offer new business lines.
The central bank will introduce new sharia governance rules to expand the internal sharia review and audit functions.
Khawaja, director of advocacy at the Bahrain Centre for Human Rights, was detained in August and later freed on bail.