Bahrain news

19 February 07:36 PM JP Morgan head’s paycheck tops counterparts for 2nd straight year
JP Morgan's chairman Jamie Dimon maintained his rank on top of Wall Street banks' highest-paid CEOs list
19 February 06:39 PM Alibaba, Tencent go neck-and-neck in China retail acquisitions
China's top tech companies Alibaba and its rival Tencent Holdings are competing fiercely in the retail market
Annual revenues for Dubai hotels will reach $495 million by 2019
19 February 05:56 PM Dubai luxury spas to grow by 10.7% to 2021; Oman, Bahrain outperform
Dubai - Mubasher: Dubai’s 5-star hotel spas are expected to grow by a 10.7% compound annual growth rate (CAGR) by 2021, according to data released by Colliers International. The number of 5-star hotel spas in Dubai is set to rise to 157 by 2021 …
19 February 05:48 PM Venezuela to launch pre-sale of “petro” cryptocurrency
Venezuela's government on Monday announced it would issue a pre-sale of a commodity-backed new digital currency
19 February 04:52 PM Emirates extends shirt sponsorship deal with Arsenal until 2024
Dubai airline's deal with the  Premier League club will be extended until the end of 2023/2024 season.    
19 February 04:31 PM QNB sees oil prices at $65 pb in 2018
QNB upgraded its forecasts for crude oil prices despite the recent fall
19 February 03:16 PM China warns Trump against tariffs over steel, aluminum exports
China's government warned US President Donald Trump against imposing tariffs over metal exports
19 February 02:14 PM Dollar rebounds from 3-year low amid Fed holiday
The US dollar on Monday recovered as the Federal Reserve Bank and US stock and treasury markets were in a holiday
19 February 01:49 PM Europe’s current account surplus shrinks in December
The Eurozone’s current account surplus narrowed more than expected in December=
19 February 01:12 PM Germany’s Daimler said to be cheating emission tests -Newspaper
German automaker Daimler may have used emission-cheating software to pass tests on Diesel Vehicles
19 February 12:33 PM Ultra-rich should pay “significantly higher” taxes - Bill Gates
Microsoft magnate Bill Gates believes that ultra-rich people like him should be paying "significantly higher taxes".
19 February 11:57 AM Oil prices rise Monday, may be “tested”
Oil prices traded higher on Monday, extending gains from last week when prices had rebounded on stronger investor sentiment
GFH will hold its board meeting on 25 February
19 February 09:45 AM GFH to consider Ahmed Al Mutawa resignation late February
Mubasher: GFH Financial Group will hold its board meeting on Sunday, 25 February, to discuss the resignation of the deputy chairman Ahmed Al Mutawa from his membership in the boards of GFH, Khaleeji Commercial Bank, and GFH Capital Limited. The …
GFH Group announced the resignation of Al Seddiqi in November
18 February 02:06 PM GFH Group’s managing director withdraws his resignation
Dubai – Mubasher: GFH Group - the Dubai-, Bahrain-, and Kuwait-listed firm, stated on Sunday that group’s board member Jassim Mohammed Al Seddiqi has withdrawn his resignation, according to a filing to the Dubai Financial Market (DFM). In …
The UAE came the second among the GCC peers, holding $57 billion of the US’ Treasuries during December
18 February 11:36 AM GCC's US Treasury holdings fall 1.3% in December
By: Mahmoud Gamal Mubasher: The GCC countries’ holdings of the US Treasuries declined 1.3% to $254.4 billion in December 2017, compared to $257.65 billion a month earlier, according to US Department of the Treasury (USDT). Treasury holdings of …
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18 February 12:30 AM Bahrain to launch Startup Week on 3 March
Mubasher: Startup Bahrain Week will be launched on 3 March, in cooperation with Tamkeen Labour Fund, as announced by the Economic Development Board of Bahrain (EDB). The six-day event will be under the patronage of Crown Prince Salman bin Hamad Al …
17 February 12:23 AM Venezuelan firm to pay employees in “eggs”
A Venezuelan security company is offering its personnel a bonus of 144 eggs
16 February 05:53 PM Kraft Heinz sales up 0.3%
Kraft Heinz reported a rise in net income to $8 billion, compared $944 million for the same period in the year before
16 February 05:47 PM US import prices up 1% in January
United States import prices increased by 1% in January, due to the rising oil prices among other goods
16 February 05:41 PM US housing starts surges 10%
Homebuilding in the United States has increased to more than a one-year high in January
16 February 05:35 PM Kuroda reappointed BOJ governor
Haruhiko Kuroda has been reappointed as the Governor of the Bank of Japan (BOJ) for another term
16 February 12:24 PM Italy's Eni logs EUR 3.43bn profits in 2017
Eni on Friday revealed that its profits had surged by around six-fold in the fourth quarter of 2017, backed by higher oil prices.
16 February 11:59 AM Renault's profits surge on US tax-reform, Nissan in 2017
Renault on Friday announced a 47.1% year-on-year surge in net income to EUR 5.210 billion in the full year 2017
16 February 11:30 AM Renault looks to keep CEO for new term
Car giant Renault has proposed to keep its chairman and CEO Carlos Ghosn for another term in the company.
15 February 07:01 PM Former Yahoo CEO may be fined $10m for profanity
Ex-CEO Carol Bartz slams former employer Yahoo Inc for unjust contract termination