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Aluminium refinery-Maaden

European crisis weighs on Aluminum Bahrain sales

Aluminium Bahrain's output edged up 1.7 percent in the first half of 2012 but sales were almost flat as weak economic growth in Europe dampened demand in the first quarter, Alba said on Sunday.

July 8, 2012 4:30
 
investcorp

Investcorp buys Austrian online firm for $178 million

Investcorp, a Bahrain-based investment firm, said on Sunday its online portfolio unit Skrill bought Austrian firm paysafecard.com for up to 140 million euros ($177.67 million), betting on growth in online retail sector.

July 1, 2012 5:03
 
Bahrain's ringgit sukuk programme

Bahrain launches $1.5 billion, 10-year bond

The bond, Bahrain's first conventional issue since 2010, was launched at a spread of 437.5 basis points over midswaps; earlier guidance had signalled the deal would price between that level and 450 bps over midswaps.

June 27, 2012 7:18
 
Bahrain's ringgit sukuk programme

Bahrain’s GIB sets up 3.5 billion ringgit sukuk programme

GIB aims to diversify funding sources; Bank is 97 percent owned by Saudi government; Sukuk issue seen in near future, depends on markets - CEO

May 27, 2012 5:14
 
SGF

Saudi Gulf Union plan stumbles as wary leaders seek detail

Saudi Arabia’s thrust for a Gulf Union, driven by fear of Arab Spring contagion and spreading Iranian influence, has stumbled…

May 20, 2012 9:37
 
Gulf Leaders Expected to Announce Unity Plan

Gulf Leaders Expected to Announce Unity Plan

Gulf Arab leaders meeting on Monday are expected to announce closer political union, starting with two or three countries including Saudi Arabia and Bahrain, a government minister in Bahrain said.

May 13, 2012 3:57
 
Bahrain Eyes Bond Market Return, Picks Banks

Bahrain Eyes Bond Market Return, Picks Banks

Bond will target U.S. institutional investors; Will aim to raise $1.25 bln over 7 or 10 years -IFR; Mandates JP Morgan, Citi, Stanchart, GIB - sources; Bahrain faces budget deficit in 2012

May 9, 2012 9:12
 
Ex-CEO Loses Civil Case against Bahrain's Bank Alkhair

Ex-CEO Loses Civil Case against Bahrain's Bank Alkhair

The former chief executive and founder of Bahrain's Bank Alkhair has lost a civil court claim in the kingdom which sought to strike down his dismissal by the bank, the latest round of a legal battle between the two parties

May 1, 2012 3:19
 
Bahrain's Arcapita Unit Files for Bankruptcy Protection

Bahrain's Arcapita Unit Files for Bankruptcy Protection

A unit of Bahrain investment house Arcapita has filed for bankruptcy protection in the United States, the company said in a statement

May 1, 2012 9:44
 
European MP Says Stopped From Entering Bahrain

European MP Says Stopped From Entering Bahrain

A European Union member of parliament with a diplomatic passport said she was prevented from entering Bahrain on Sunday in an application of visa rules imposed while the government grapples with a pro-democracy movement

April 30, 2012 9:52
 
Bahrain Must Restore Confidence in Its Economy-IMF

Bahrain Must Restore Confidence in Its Economy-IMF

Bahrain must consider policies to help restore confidence in its economy after last year's pro-democracy uprisings hurt the small oil exporter's growth, the IMF said on Tuesday; Bahrain's economic growth slowed to 2.2 percent in 2011, down from 4.5 percent in the previous year after social unrest forced businesses to close and investors to withdraw from the country's mutual funds

April 25, 2012 10:49
 
Formula One here to stay in the Middle East

Formula One here to stay in the Middle East

Once they’ve recovered from a Bahrain Grand Prix run against a backdrop of nightly clashes between police and protesters, Formula One teams have many questions to address in the weeks ahead. But one thing’s for certain, they’ll be back.

April 23, 2012 2:08
 
Bahrain Activists Vow "Days of Rage" For Grand Prix

Bahrain Activists Vow "Days of Rage" For Grand Prix

Human rights crisis not over, says Amnesty; Dozens still held in jails; Ecclestone: Bahrain is quiet and peaceful

April 18, 2012 4:45
 
Bahrain's GFH Appoints Alrayes as Acting CEO

Bahrain's GFH Appoints Alrayes as Acting CEO

Bahrain-based Islamic investment bank Gulf Finance House has appointed Hisham Alrayes as acting chief executive officer, it said in a bourse filing on Tuesday.

April 17, 2012 3:55
 
UK Court Adjourns Bahrain Alumina Case

UK Court Adjourns Bahrain Alumina Case

A British court adjourned a case involving metals magnate Victor Dahdalehand former Aluminium Bahrain (Alba) chief executive Bruce Hall, who appeared on Monday to face corruption charges linked to the supply of alumina to Bahrain.

April 17, 2012 10:03
 
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