Final nail in the coffin for Khadija?

August 18 0 Comments Category: economy

A BAHRAINI woman, who owns what is believed to be the first sex shop in the region, fears she could run out of business following a new government ban on sex toys. Khadija Ahmed, who claims the products she sells are saving marriages by spicing up couples’ love lives, is now considering leaving the country. [...]

Stop the violence

August 18 0 Comments Category: economy, politics

BAHRAIN’S business community has backed moves to stamp out acts of violence across the country. Repeated tyre burning and targeting of public property could threaten investment in Bahrain, according to the Bahrain Chamber of Commerce and Industry (BCCI). It said it welcomed public debate, but drew the line at illegal acts of sabotage. BCCI youth [...]

Calf of cloned cow was sold at Carlisle auction

August 07 0 Comments Category: economy

The calf of a cloned cow at the centre of a national controversy was sold as an embryo in Carlisle. Dundee Paradise was sold at Harrison & Hetherington’s internationally renowned Black and White auction in December 2006. Now the company says it would not auction cloned cattle or their offspring again because of the damage [...]

BAHRAIN TO PRIVATISE GULF AIR ASAP

July 26 0 Comments Category: economy

Bahrain plans to privatise national carrier Gulf Air as soon as possible encouraged by positive results in its restructuring, a senior government official said in remarks published on Sunday. The loss-making carrier could return to profit within a year, paving the way for privatisation, the head of Bahrain’s Economic Development Board, Sheikh Mohammed bin Essa [...]

Farnborough signs Bahrain Airshow Deal

July 22 0 Comments Category: economy

Bahrain International Airshow and Farnborough International Limited (FIL) have signed an agreement to formalise their partnership to jointly organise the Bahrain International Airshow from January 19 to 21 in 2012. The event is targeted at the aerospace industry, delivering access to high-level delegations and opportunities for on-the-spot customer demonstration flights. A major highlight of the [...]

Batelco sees 2010 profit below BD100m – CEO

July 22 0 Comments Category: economy

Bahrain Telecommunications (Batelco) sees full-year net profit to be below 100 million dinars ($265.3m), its chief executive said on Thursday. “Below BD100m is the best I can offer now,” said Chief Executive Peter Kaliaropoulos when asked how much full-year profit he expected for the full-year. Speaking at a news conference in Manama, Kaliaropoulos said making [...]

Gulf Air to scrap Thiruvananthapuram flights

July 16 0 Comments Category: economy

Bahraini air carrier Gulf Air has decided to suspend flights to Thiruvananthapuram from the end of this month as the airline revises its business amid debt problems. The final service will depart from Bahrain on July 31, with the last inbound flight to the kingdom on August 1, an official said on condition of anonymity. [...]

Third Bahrain mobile firm struggles to make impact – poll

July 14 0 Comments Category: economy

Almost 50 percent of people are unaware a third mobile operator exists in Bahrain, the latest Arabian Business poll has found. At the start of this year, Saudi Telecommunications Company (STC) announced VIVA would join Batelco (Bahrain Telecommunications Company) and Kuwaiti giant Zain in the kingdom’s telecom sector. Yet, according to the results of the [...]

Drive to support small businesses gathers momentum

June 06 0 Comments Category: economy, featured

A new wave of opportunities is emerging in Bahrain as the country’s economy brings through a number of blossoming sectors which could benefit the local workforce, business leaders and the Kingdom as a whole, according to the a minister. Speaking exclusively to Oxford Business Group (OBG), the global publishing, research and consultancy firm, Minister of [...]

Fighting fund for smaller companies

June 02 0 Comments Category: economy

Bahrain is pumping BD10 million into the small and medium-size businesses sector in an attempt to help it beat the credit crunch. A total of 1,000 SMEs are set to benefit from the scheme following the establishment of a Support Fund, Tamkeen officials said yesterday. SMEs that are either 100 per cent or at least [...]