Manama, Jan. 31 (BNA): A group of British students are attending a training course at the Bahrain Olympic Committee (BOC) National Sport Medical Centre to meet the requirements of their graduation and exercise their profession. The trainees are studying physiotherapy at the University of Bradford in Britain. Three British students enrolled at the same university also attended a three-week Read more [...]

<!----> Subsidies on electricity bills will be lifted over a period of four years to minimise the economic impact on consumers, Bahrain’s energy minister has announced. Bahrain has approved plans to cut subsidies for domestic energy and water as part of measures taken to help plug an estimated $4 billion budget deficit for 2016. It already axed subsidies for meat and gasoline at the end of last year, but analysts have warned that the country must seek to phase in subsidy cuts to reduce the Read more [...]

Manama, Jan. 31 (BNA): Minister of Industry, Commerce and Tourism, Zayed R. Alzayani received the United Nations World Tourism (UNWTO) Consultant Ludwig G. Rieder. The meeting, attended by Bahrain Tourism and Exhibition Authority (BTEA) Acting Chief Executive Officer Shaikh Khalid bin Humood Al Khalifa, discussed topics of common interest and means to benefit from international expertise in Read more [...]

Manama, Jan. 31 (BNA): Pakistan-based JS Bank has officially opened its first branch office outside of its home country, in the Kingdom of Bahrain, targeting the GCC, and eventually the wider Middle East and North Africa (MENA). The announcement follows the awarding of a wholesale conventional banking license to JS Bank by the Central Bank of Bahrain (CBB) last year. As the eighth licensed Pakistani wholesale bank in Bahrain, JS Bank will serve Read more [...]

Iran's supreme leader Ayatollah Ali Khamenei has awarded medals to five navy commanders who detained 10 American sailors earlier this month. The US Navy personnel were held after their two patrol boats crossed into Iran's waters on 12 January while on their way from Kuwait to Bahrain. The sailors were released a day later after Read more [...]

SHARM AL-SHEIKH, Egypt Jan 31 Bahrain's Al Baraka Islamic Bank "BARKA.BH plans to open a sharia-compliant bank in France next year as the lender seeks to expand into Europe, Chief Executive Adnan Ahmed Yousif said on Sunday.France has one of the largest Muslim populations in Europe but cultural and legal obstacles have impeded the development of its Islamic finance industry."We were in the midst of launching an Islamic bank in France, but with the global financial crisis the project was halted, Read more [...]