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Investcorp buys three US real estate assets for $100M

Bahrain-based Investcorp has acquired three real estate assets in the United States for around $100 million, a source familiar to the matter said, bringing its total property buys this year to $300 million.

November 20, 2011 11:22
 

Bahrain says cell plotting attacks broken up

Bahrain says Qatar made arrests; Arrests could further inflame tensions in Bahrain

November 13, 2011 11:04
 
Is this the end of Middle East monarchy?

Is this the end of Middle East monarchy?

It’s a matter of time before every citizens in Middle East rally for constitutional reform. How close we are to this change may not be up to the rulers.

November 9, 2011 1:01
 
Cheap Middle East gas era is over

Cheap Middle East gas era is over

As global gas suppliers call for the end of subsidies, the region could see a 75 percent increase in gas prices. For now, prices are still lower than competing buyers.

October 5, 2011 12:52
 

Bahrain Islamic lender Unicorn renamed Bank Alkhair

Bahrain's Unicorn Investment Bank has changed its name to Bank Alkhair, after taking steps to boost its finances and governance framework, said the Islamic lender.

October 5, 2011 10:32
 

Bahrain’s Unicorn alleges former CEO committed crimes

The former chief executive and founder of Bahrain's Unicorn Investment Bank committed 58 criminal offences, including misappropriating bank funds, an independent investigation by consultancy Deloitte concluded, Unicorn said on Tuesday.

September 28, 2011 11:18
 

Bahrain plans $1B sovereign Islamic bond

Gulf Arab state Bahrain is planning to issue a $1 billion sovereign Islamic bond and has mandated three banks for the proposed sale, banking sources said.

September 27, 2011 11:14
 

KFH Bahrain to advise on merger of three Islamic banks

Kuwait Finance House's Bahraini unit will advise on the merger of three Islamic banks in the Gulf state, its chief executive said in a statement on Sunday, without naming the institutions involved.

September 26, 2011 2:06
 

Bahrain to spend $1 bln more on wages in 2011/12

Of the total sum, 96.9 million dinars will be spent in 2011 and the rest in 2012, according to a decree issued by King Hamad bin Isa al-Khalifa.

September 21, 2011 3:47
 

Bahrain’s Investcorp buys US kitchenware retailer

Bahrain-based investment manager Investcorp said on Tuesday it had acquired US kitchenware retailer Sur La Table from the Behnke family and investment firm Freeman Spogli & Co.

September 20, 2011 2:57
 

Bahrain paid estimated $40M hosting fee for cancelled race

Bahrain has paid the hosting fee for this year's Formula One grand prix even though the race was cancelled, commercial supremo Bernie Ecclestone was quoted as saying on Monday.

September 20, 2011 2:54
 

Bahrain’s Arcapita swings to FY profit

Bahrain-based investment firm Arcapita swung to a profit in its fiscal year ended June 30, it said on Wednesday, helped mainly by multiple exits or disposals of assets in its investment portfolio.

September 14, 2011 12:31
 
Thousands of Bahrainis march, demand rights

Thousands of Bahrainis march, demand rights

“Down, down Hamad," chanted protestors, waving Bahraini flags and raising their fists in the air as police helicopters buzzed overhead.

September 11, 2011 3:29
 
Bahrain regulator accuses Batelco, STC over call charges

Bahrain regulator accuses Batelco, STC over call charges

Bahrain's telecoms regulator has issued notices to Bahrain Telecommunications Co (Batelco) and Saudi Telecom Co unit Viva, accusing them of anti-competitive pricing on international calls to Asia.

September 6, 2011 4:13
 
It could have been worse–Bahrain economy sluggish as unrest still weighs

It could have been worse–Bahrain economy sluggish as unrest still weighs

Real GDP grows 1.0 percent quarter on quarter after a 1.4 percent growth in Q1; Growth slows to 0.8 percent year-on-year--the lowest since at least 2008.

September 4, 2011 1:50
 
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