Gulf Air representatives with the participating agents from Dubai in Moscow. Doha: Gulf Air, the Kingdom of Bahrain’s national carrier, recently organised a familiarisation trip to Moscow for key Dubai-based travel agencies in recognition of their longstanding support and cooperation. During the three-day visit, the participating agents, accompanied by Gulf Air representatives, enjoyed tailored itineraries that allowed them to experience Gulf Air’s renowned onboard product Read more [...]

Manama, Jan.30 (BNA): A ceremony was held today in Bahrain to mark the International Day for Rights of the 1948 Arabs. The Bahrain Charity Society, Bahrain Society of Engineers, Bahrain Journalists’ Association and the National Institution of Human Rights co-organised the event in cooperation with the Palestinian Embassy in Manama. The Foreign Ministry Undersecretary for Regional Affairs and the Gulf Cooperation Read more [...]

The Department of Defense announced yesterday the death of a U.S. Navy civilian who was supporting Operation Inherent Resolve in Bahrain. Blane D. Bussell, 60, of Virginia, died Jan. 26, 2016, in Manama, Bahrain, of non-combat related causes. His hometown-of-record was not indicated. The Department of Defense release did not say Bussell’s death was under investigation. He was assigned to Forward Deployed Regional Maintenance Center Detachment Bahrain at Naval Support Activity Bahrain. Naval Read more [...]

Bahrain plans austerity steps to cut its budget deficit in line with International Monetary Fund (IMF) recommendations, its finance minister said on Saturday in comments that could help the island kingdom sell its bonds when it returns to international markets later this year. Bahrain is one of several Gulf Arab oil states using the IMF's assistance to plan economic reforms as low crude prices put heavy pressure on state finances. The IMF is also providing valuable political cover for Read more [...]

Bahrain-based Ibdar Bank said it has made a £8 million ($11.4 million) investment in a prime new residential project, Angel Gardens, to be developed in Manchester’s city centre, UK. Angel Gardens, consisting of residential 458-apartments and a total development value of £124 million ($177 million), forms part of the wider Noma re-development project aimed at transforming Manchester city centre. At a cost of £800 million ($1.14 billion) , the Noma project aims to renovate and re-introduce Read more [...]

An expected rise in global temperatures could seriously threaten Bahrain’s water resources, an expert has warned. Last year was the warmest on record and this year may be even hotter, according to the World Meteorological Organisation, reported the Gulf Daily News, our sister publication citing the expert. As a result, sea levels could rise causing more salt water to intrude into the groundwater, it added. For further details visit http://www.gdnonline.com Read more [...]

Finance Minister Sheikh Ahmed bin Mohammed Al Khalifa   DUBAI: Bahrain plans austerity steps to cut its budget deficit in line with IMF recommendations, its finance minister said on Saturday in comments that could help the island kingdom sell its bonds when it returns to international markets later this year. Bahrain is one of several Gulf Arab oil states using the IMF’s assistance to plan economic reforms as low crude prices put heavy pressure on state finances. The IMF Read more [...]

Manama, Jan. 30 (BNA): Under the patronage of HH Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Charity Works and Youth Affairs, Chairman of the Supreme Council for Youth and Sports and President of Bahrain Olympic Committee, HH Shaikh Nasser bin Hamad Al Khalifa Showjumping Championship was held on Friday on the field of the Military Sports Federation in Al Raffa, Sakhir. Local Read more [...]

Manama, Jan. 30 (BNA): Sports Training and Development specialist Ali Qamber recently attended the 26th meeting of the Gulf Cooperation Council (GCC) Training and Leadership Committee meeting in Dubai. The meeting, held on January 19, was chaired by Sultan bin Mohammed bin Suwailem of the UAE and aimed to activate voluntary work in 2016 in accordance to the vision of Saudi Arabia’s Monarch King Salman bin Read more [...]

<!----> Arcapita, the Bahrain-based investment firm, has announced that it has acquired a privately-held portfolio of senior living communities in Colorado, United States, in a joint venture with MorningStar Senior Living. The transaction value totalled about $85 million, Arcapita said in a statement. It added that the transaction is expected to be the first in a series of acquisitions of senior living facilities by Arcapita as it looks to develop another sizeable senior living portfolio in Read more [...]