Despite a challenging regional environment Citadel Capital, raised new equity and debt of $265 million for platform and portfolio companies while the firm’s standalone loss narrows 17.3% quarter-on-quarter to $3.5 million. Citadel Capital added $ 175.6 million in long-term capital [...]
December 25th, 2011 | Posted in Banking & Finance | Read More »

Emirates, one of the leading global airlines, have contracted with UK-based Vistair to provide cloud-based technical manuals for its entire fleet, including the world’s biggest number of Airbus A380 super-jumbos. The new five-year contract, following a selection process spanning two [...]
December 25th, 2011 | Posted in Aviation,Emirates Airline | Read More »

Air Arabia, the first and largest low cost carrier in the Middle East and North Africa, has received the aircraft number 500 that Airbus has delivered in 2011. The new aircraft is also Air Arabia’s sixth aircraft of 2011. The [...]
December 25th, 2011 | Posted in Air Arabia,Aviation | Read More »

Bapco’s Chief Executive, Faisal Al-Mahroos met with executives from CHEVRON who visited Bapco as part of the TSA to review various proposed projects and establish the best way forward. Al-Mahroos conveyed to them greetings and good wishes of HE Minister [...]
December 25th, 2011 | Posted in BAPCO,Oil & Gas | Read More »

The National Commission (NC) charged with implementing the recommendations of the Bahrain Independent Commission of Inquiry (BICI) reviewed the measures to investigate claims of torture and cruel inhumane treatment, as stipulated in recommendation (1719) of the BICI report. The recommendation [...]
December 25th, 2011 | Posted in Bahrain News,Headline | Read More »

Menatelecom, the most powerful internet service provider in the Kingdom of Bahrain and an investment subsidiary of Kuwait Finance House- Bahrain launched its new and improved “MyFi Plus”. The new MyFi Plus device offers customers exciting new features that include [...]
December 25th, 2011 | Posted in Menatelecom,Telecom | Read More »

Secretary-General of the Supreme Council for Youth and Sport and President of the Bahrain Football Association Shaikh Salman bin Ibrahim Al Khalifa congratulated the wise leadership and the Bahraini people on the Bahrain National Football Team’s winning of the gold [...]
December 25th, 2011 | Posted in Sports | Read More »