Iran managed to occupy the last Asian berth for the World Handball Championship after defeating South Korea 29-28 in the fifth-place decider of the 17th Asian Handball Championship at Khalifa Sports City in Isa Town last night.  Iran started the game rather defensively and they ended the first half trailing 15-16. The second half, however saw Iran take possession of the game and  control the tempo. They managed to flip the score to their advantage and claim victory. The toughest game Read more [...]

Yousef Dhaif claimed the U-16 boys title of the fourth E.K. Kanoo Junior Open Tennis Championship 2016 yesterday at Bahrain Tennis Club in Juffair.  Yousef defeated Hamad Abdul A’al 6-2, 7-5 in the final to claim the title.  The champion lifted the title after beating off Nihal Mohammed 6-3, 6-2 in the quarterfinals  and, later, powering past Hassan Al Qattan 6-1, 6-2 in the semifinals.  His final opponent, Hamad Abdul A’al, edged Saleh Al Matar 6-1, 4-6, 10-6 in the quarterfinal Read more [...]

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DUBAI Jan 27 Bahrain is working with banks about a potential re-tap of a dollar-denominated two-part bond issued late last year, sources with knowledge of the deal told Reuters on Wednesday.The finances of the small energy exporter, with less generous oil and financial reserves than its neighbours, have been hard hit by the drop in oil prices, which touched a 12-year low earlier this month.The kingdom is working with the same five banks which arranged its $1.5 billion bond in November, which was Read more [...]

<!----> Bahraini ministers have been awarded new BMW cars, despite a growing government deficit and falling oil prices, it was reported on Wednesday. An unnamed senior member of parliament told Gulf Daily News the cars were replacements were necessary as the current ministerial fleet had been in service since 2011. The report said replacing the cars would less expensive than maintaining the current fleet. The news comes as it was revealed earlier this month that Bahrain’s deficit for this Read more [...]