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Downstream aluminium sector in spotlight at top industry fair

MANAMA: The strength of the aluminium downstream sector and 'value-added' products will be showcased at the upcoming Gulf Industry Fair 2015, taking place from Tuesday to Thursday at the Bahrain International Exhibition and Convention Centre.

Led by Aluminium Bahrain (Alba), one of the w...ReadMore


Zain Bahrain registers $10.9 million net profit

MANAMA: Zain Bahrain generated revenues of BD71.8 million ($190.5m) in 2014, a decrease of 8.1 per cent on the previous year's BD78.1m ($207.1m).

KHP named F1 Paddock Club distributor

MANAMA: KHP Consulting has announced it is an officially authorised Formula One Paddock Club global distributor for the year.

VIVA reports widest 4G network coverage

MANAMA: VIVA Bahrain reported the widest 4G network coverage and ranked top on Quality of Service, according to official independent reports issued by the Telecommunications Regulatory Authority (TRA) at the end of last year.

Al Baraka Egypt unit's net income rises 36pc

MANAMA: Al Baraka Bank Egypt, a subsidiary banking unit of Bahrain-based Al Baraka Banking Group (ABG) and its investment arm in Egypt, announced that net income jumped by 36.1 per cent in 2014 compared to the previous year.

Menatelecom in Huawei deal

MANAMA: Menatelecom has signed a partnership agreement with Huawei, under which Huawei will manage the end-to-end operations of Menatelecom's networks, and will ensure the support of high levels of network performance to provide Menatelecom's customers with superior experience.

Russian GDP seen falling 3pc this year

MOSCOW: Russia's economy ministry yesterday said it expected gross domestic product to fall three per cent this year, more optimistic than many analysts' forecasts of a 4-5pc drop.

ECB lending to Greece may stop by March

Helsinki: A top European Central Bank (ECB) official yesterday said the institution cannot keep lending money to Greece unless the heavily indebted nation extends its bailout programme before a February deadline.

Sudan trade ties chance

MANAMA: Bahrain Chamber of Commerce and Industry (BCCI) is hosting a meeting with a business delegation from Sudan led by Minister of Investments Dr Mustafa Othman Ismail.

China home prices surge

BEIJING: China's housing prices rose in January for the first time in nine months, a survey showed yesterday, breaking a decline that has weighed on growth in the world's second-largest economy.

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