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Airport modernisation programme reviewed

MANAMA: Bahrain's ambitious airport modernisation programme (AMP) was reviewed at a meeting chaired by Transportation and Telecommunications Minister Kamal Ahmed.

The steering committee for the AMP held its regular progress meeting where latest project developments, next steps and anticipated ...ReadMore

Bahrain's overall imports increase by 15 per cent

MANAMA: Bahrain's overall imports soared by 15 per cent last month compared with January and February.

Fund in accord to boost Arab finance sector

MANAMA: The Arab Monetary Fund and the World Bank Group (WBG) yesterday signed an enhanced partnership framework to support countries in the Arab region in developing their economies and financial markets.

Britain backs inclusion of yuan in SDR basket

WASHINGTON: Britain favours the eventual inclusion of the Chinese yuan in the International Monetary Fund's SDR basket of currencies, finance minister George Osborne informed, saying it was important to include emerging powers in the world system.

Bank 'to fill funding gap'

WASHINGTON: China's proposed infrastructure bank for Asia is intended to complement and not replace existing lenders dominated by the US and Japan, a senior Chinese official has said.

Oman Air signs deal with freight carrier

MANAMA: Oman Air has signed a joint venture agreement with Luxembourg-based Cargolux Airlines International, Europe's leading freight carrier and one of the top 10 freight carriers in the world.

TRA issues consultation document on fee schedule

MANAMA: In light of the increasing pace of competition in the telecommunications sector and efforts of telecommunications operators to provide best and latest services, the Telecommunications Regulatory Authority (TRA) is conducting a comprehensive review of the current schedule of fees issued in 2010.

Council set to launch new corporate vision

DUBAI: The Abu Dhabi Urban Planning Council (UPC) will unveil a new corporate vision at Cityscape 2015 that more accurately defines its role, it was announced yesterday.

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