Hot News Headlines


Batelco wins top award for business continuity

MANAMA: Batelco has won the Best BCI Middle East Award (Best Continuity and Resilience Team 2015).

The awards ceremony took place during the BCI Middle East Conference and Exhibition in Doha.

By winning this prestigious award, Batelco is directly eligible to enter for the Business Cont...ReadMore

Arcapita sells J Jill to TowerBrook

MANAMA: Arcapita, the global investment management firm, yesterday announced the completion of the sale of J Jill Group, a leading US-based multi-channel retailer of women's apparel, accessories and footwear, to TowerBrook Capital Partners, a New York and London-based investment management firm.

Seera Investment Bank in deal to develop UK housing units

MANAMA: Bahrain-based Seera Investment Bank has announced the successful completion of a new transaction in the UK Dementia Care sector.

Gulf Air implements new HP security solutions

MANAMA: Gulf Air has announced the implementation of Hewlett-Packard (HP)'s latest generation of Intrusion Prevention System (IPS) to bolster its information technology security and network data protection.

Al Baraka Bank Tunisia posts 100 per cent rise in net income

MANAMA: Al Baraka Bank Tunisia, a subsidiary banking unit of Al Baraka Banking Group, announced that first quarter net income jumped by 100 per cent to reach four million Tunisian dinars ($2.1m) compared to the same period in 2014.

Fertiliser industry challenges probed

MANAMA: Arab Fertilisers Association (AFA) chairman and Gulf Petrochemical Industries Company president Dr Abdulrahman Jawahery visited the Abu Qir Fertilisers and Chemical Industries Company in Alexandria during a visit to Egypt.

Exchange firm unveils outlet

MANAMA: Modern Exchange Company has unveiled its fourth outlet in Bahrain.

Council renews BIBF accord

MANAMA: The Specific Council for Training in the Retail Sector signed an agreement with BIBF, renewing a co-operation deal to provide specialised training and enhance skills and competitiveness of Bahrainis within the retail sector.

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