Bahrain-based Ahli United Bank (AUB) reported a net profit attributable to shareholders of $265.5 million for the year ended 31 December 2010, a 32 per cent increase over the 2009 results of $ 200.7 million. This includes a fourth quarter [...]
The Central Bank of Bahrain (CBB) on Sunday held talks with the CEOs and General Managers of the retail banks in Bahrain and reviewed the situation in the wake of ongoing situation in the past many days. The Governor of [...]
The ongoing protests and general strike call by the trade unions have further aggravated the situation in the country, according to the Bahrain Chamber of Commerce and Industry (BCCI). “The uncertain situation fuelled by the protests will have huge economic [...]
The ongoing protests which started on last Monday are expected to leave a major dent on Bahrain’s economy with Formula One bosses weighing their options including the cancellation of F1 season’s opener set for March 13 in Manama. Bernie Ecclestone [...]
The Kingdom of Bahrain has entered into a new era of national cohesion, stability and security, according to HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince and Deputy Supreme Commander of the Armed Force. The Crown Prince in [...]
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince appealed to all Bahrainis to engage in a national dialogue to address all issues that have led to the current situation in Bahrain. Addressing the events of the [...]
His Majesty King Hamad bin Isa Al Khalifa directed HRH Prince Salman bin Hamad Al Khalifa the Crown Prince to immediately initiate the National Dialogue with segments of the society to find an amicable solution to the current situation. [...]
