AFP Manama A Bahraini court jailed four people for life yesterday for blowing up a car in an attempt to disrupt an F1 Grand Prix race in 2013, the state news agency said. The court gave a fifth man 10-year prison sentence in the same trial, the BNA news agency reported. All of the men were accused of blowing up a car in November 2013 near a financial centre in the capital Manama “to disrupt a Formula 1 race”, the agency said. They were also accused of making and possessing explosives, detonating Read more [...]

Gulf International Bank B.S.C. (GIB) was voted “Islamic Investment Institution of the Year 2014” from a short-list of nominees through a unique industry-based process at the 10th Annual World Islamic Funds and Financial Markets conference(WIFFMC) held under the patronage of the Central Bank of Bahrain (CBB) at the Gulf Hotel, Read more [...]

Home / Bahrain / Finance / Transport The listing aims to fulfill a contractual agreement made when the port opened in 2009. Bahrain plans an initial public offering (IPO) of shares in the company operating its Khalifa bin Salman port, the Ministry of Transportation said, in what could be the island Kingdom’s first big IPO since 2010. Though a listing would serve to fulfil a contractual agreement made when the port opened in 2009, it could benefit from a recent recovery in the Bahrain Read more [...]

A Bahraini court has sentenced four anti-regime protesters to life in prison and a fifth person to 10 years in prison amid the ongoing harsh crackdown on the country’s dissent. According to local media on Monday, the Bahraini defendants were found guilty of “blowing up a car” in November 2013 “to disrupt a Formula 1 race” in the country. Bahrain has held an annual Grand Prix race since 2011. They were also found guilty of “making and possessing explosives, detonating explosives, and stealing Read more [...]