Latest in Tag: bahrain Highlight
Latest in Tag: bahrain
Qatar calls for dialogue in Egypt
Relations between Egypt and the Gulf state have been strained over Dohaâs backing for Islamist president Mohamed Morsi, who was ousted by the army in July following nationwide protests.
Saudi lists ‘terror’ groups, orders Islamist fighters home
The move represents a major escalation against the Brotherhood of deposed Egyptian president Mohamed Morsi and indicates rising concern in Riyadh over the potential risks to domestic security of Saudi extremists fighting in Syria.
Qatar dispute is with âmajority of Arab countriesâ: Egypt
Foreign ministry says removal of ambassadors from Qatar shows opposition to the country’s âattitudes and policiesâ
Saudi, Bahrain, UAE recall envoys to Qatar
The three Gulf Arab states made the decision following what newspapers described as a âstormyâ late Tuesday meeting of foreign ministers from the six-nation Gulf Cooperation Council in Riyadh.
Bahrainâs Al Salam Bank launches Asian Islamic REIT
Reuters – Bahrainâs Al Salam Bank has launched a listed sharia-compliant real estate investment trust (REIT) that will invest in a portfolio of Asian properties, the lender said on Tuesday. The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG, with Al Salam providing seed capital for …
Bahraini Islamic Bank Al Baraka Q4 net income climbs 23%
Al Baraka says it plans to add 81 branches to its network in 2014, in countries including Turkey, Pakistan, Jordan and Egypt
Zain Bahrain IPO moves closer with notice in government gazette
Zain Bahrain missed a 2013 deadline to do so, but a source last week told Reuters that the company planned to launch its share sale by the end of June in what could be the islandâs first IPO since 2010.
Gulf states step up policing of online media: watchdog
Kuwait topped the Gulf Cooperation Council (GCC) countries on the press freedom list but dropped 14 points to rank 91st worldwide.
ANHRI condemns ban on Bahraini activistsâ travel to Egypt
Human rights group demands that Egypt clarify reasons for an ongoing ban on Bahraini social and political activists
Bahrainâs Investcorp eyes extended growth after profit leap
Reuters – Bahrain-based investment company Investcorp expects 15-20% annual growth over the next five years, its chief financial officer said on Sunday after reporting a 53% increase in first-half net profit. Investcorp, which famously took luxury brands Gucci and Tiffany & Co public in the 1990s, made a net profit of $60.1m in the six …
Bahrain aims for new business with Takaful, sukuk rules
Reuters â Bahrain’s central bank will release a new regulatory framework for Islamic insurance (takaful) this quarter, in an overhaul of standards which the regulator hopes will attract new business in a sector it helped to pioneer. The kingdom has been a major hub for Islamic finance in the Gulf but in the last few …
Bahrain detains soccer teams and scores of players and athletes
By James M. Dorsey Bahrain has detained a soccer team as well as scores of other players and athletes since security forces squashed a popular uprising almost three years ago, according to human rights activists, journalists and officials. In one of the latest rounds of detentions, authorities last month arrested three soccer and two handball …
Alcoa to pay US $384 mn for bribing Bahrain officials
Aluminum giant Alcoa will pay $384 million to settle charges it paid Bahrain officials huge bribes to secure business in the Gulf nation
Role of outside powers in region must change: Fahmy
Foreign Minister calls for all countries in the region to reassess their approach to security
Fahmy to address Manama Dialogue summit
Foreign minister scheduled to attend two international summits this week
Bahrain court cuts terms for police jailed over death
A number of policemen are facing trials over claims of killing protesters or torturing detainees after a wave of arrests that targeted members of the Shiâa majority.
Egypt supports Saudi decision rejecting UNSC seat
The Saudi government rejected the seat one day after it was elected into the UN body
Egyptâs transition period to end next spring
Fahmy discusses roadmap, domestic affairs and foreign policy in UN address
Sisi meets with UAE prince
UAE prince and deputy commander Nahyan reiterates his countryâs support for Egyptâs interim government and military
Policeman, protesters wounded in Bahrain clashes
Activists said dozens more were wounded in the clashes, but no official toll was immediately available.
Bahrain arrests three for attack on MP’s home: police
Shiâa MP Abbas Al-Madi was at his home in the town of Deir, near the capital Manama, during the early Monday attack that left parts of his house damaged and burnt.
Gulf states may place Hezbollah on terror list: report
Bahrain will ask foreign ministers of the six-nation Gulf Cooperation Council to discuss “placing Hezbollah on the terror list” at a meeting in Saudi Arabia
Bahrain court jails 6 tweeters for a year
They were accused of writing remarks “undermining the values and traditions of Bahrain’s society towards the king on Twitter,”
Rat race in the desert, should Egypt be running?
By: Rasheed Hammouda As the Gulf’s major players compete to be crowned the regionâs finance king, Egypt may end up benefitting from being left out of the race entirely The race to be MENA’s top financial hub has been heating up over the past few years, a race that Cairo has been noticeably absent from. …
Bahrain Shi’as protest to demand prisoners be freed
Shi’as, inspired by the Arab Spring in 2011, have been pushing to be given a greater say in the small country’s affairs
Foreign minister participates in Arab Peace Initiative meeting in Washington
Egypt looking to US to take the lead in reigniting the Middle East peace process
Molotovs, tear gas at Bahrain F1 protest
Bahrain was rocked by month-long pro-democracy protests led by the kingdom’s Shi’as in early 2011 that were crushed with the help of Gulf troops led by Sunni-ruled Saudi Arabia
Bahrain protesters clash with police: reports
Bahrain has witnessed two years of political upheaval linked to opposition demands for a real constitutional monarchy
Western academician barred over Bahrain remarks: UAE
“Ulrichsen has consistently propagated views de-legitimising the Bahraini monarchy,” the ministry was quoted as saying by WAM state news agency.
Bahrain police fire tear gas at protester’s funeral
After the burial, a crowd of protesters tried to march on “Pearl Square” in Manama, the focus of the February-March 2011 uprising.