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Kingdom of Bahrain hikes duties on alcohol and cigarettes Published: 11/02/16 Source: ©The Moodie Report By Dermot Davitt Print Email BAHRAIN. The Kingdom of Bahrain this week doubled import duties on cigarettes and alcohol products, a move likely to force domestic market prices higher. However, on tobacco in particular, retail price rises will be curtailed, state-owned Bahrain News Agency has said, meaning any additional Read more [...]

Bahrain King Hamad al Khalifa visited President Vladimir Putin in Russia this week in a perfectly-timed reminder of how drastically the Obama administration has failed to handle relations with the small Gulf kingdom over the last five years.Sunday, February 14 marks the fifth anniversary of the first mass protests against the repressive ruling family. President Mubarak had been forced from office in Egypt just a few days earlier, and it seemed more than possible that the Al Khalifa dictatorship in Read more [...]

FIFA presidential candidate Prince Ali has questioned the role of election rival Sheikh Salman in not protecting Bahrain players who alleged abuses after pro-democracy protests in 2011. In the strongest statement yet on human rights ahead of the Feb. 26 election to succeed Sepp Blatter, the Jordanian prince dismissed the sheikh's consistent defense that national security issues are beyond the control of sports leaders. "How are you then going to earn the respect of the entire world and players Read more [...]

Bahrain Middle East Bank (BMB) reported profits for 2015 of $5.079 million, up 12 per cent. The results were helped by a reduction in net impairment provisions, down from $2.5 million in 2014 to just under $2 million in 2015.