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Bahrain Bans Three Clerics From Preaching; Opposition Condemns Move

Bahrain has forbidden Sheikh Kamel al-Hashemi, Adel al-Hamad and Mohammed al-Mansi to preach in and around the capital Manama.

Bahrain Accuses Qatar Of Luring Citizens To Switch Nationality

Bahrain News Agency quoted a senior official as saying that Qatar had “targeted specific families and singled out a particular category of people” with no consideration to Bahraini laws.

Bahrain’s Ahli United Bank Q2 Profit Up 35.1%

The bank’s net attributable profit for the three months to June 30 was $125.9 million, compared with $93.2 million in the corresponding period of 2013.

Bahrain’s Investcorp Sees Jump In Profit As Private Equity Drives Deal Flow

The alternative investment fund Investcorp posted a 25 per cent gain in annual net profit.

Zain Says Bahraini Unit IPO To Start Sept 2

Shares would be priced at KD0.19 ($0.50) per share.

GCC Equity Markets Shed $21bn In Q2, Iraq Triggers Correction

The S&P GCC index dropped by 1.8 per cent during the second quarter of the year, according to a report by NBK.

Bahrain Telco Batelco Q2 Net Profit Slumps 22.4%

The company made a net profit of BD10.4 million ($27.6 million) in the three months to June 30.

Aluminium Bahrain’s Second Quarter Net Profit Drops 25%

Total sales fell $5 million to $515 million compared with the same period a year ago.

Bahrain Asks Court To Temporarily Suspend Two More Opposition Groups

The decision came less than a week after the Justice Ministry filed a lawsuit against Bahrain’s main opposition group, Al-Wefaq National Islamic Society.

Bahrain Asks Court To Suspend Main Opposition Bloc’s Activities

The ministry asked for a three-month suspension of Al-Wefaq National Islamic Society.

Kerry Calls Bahrain Minister Over Expulsion Of U.S. Official

Bahrain expelled Tom Malinowski last week, saying he had “intervened flagrantly” in the country’s internal affairs by holding the meeting.

Bahrain Charges Opposition Leader Over Meeting With U.S. Diplomat

Authorities said al-Wefaq party leader Sheikh Ali Salman and his political assistant, Khalil al-Marzouq, should have obtained permission before meeting the official.

Investcorp To Buy Dutch Company In $327m Deal

The acquisition, Investcorp’s fifth in 12 months, is expected to close following competition clearances.

Bahrain Questions Opposition Leader After Expelling US Diplomat

Ali Salman, the leader of opposition group al-Wefaq, was summoned after he met with visiting US official Tom Malinowski.

Bahrain Office Rental Rates Remain Flat – Knight Frank

Factors such as oversupply and weak occupier demand have led caused rental rates to stagnate.

Bahrain Summons Top Opposition Leader For Questioning

Sheikh Ali Salman from al Wefaq and his political assistant were summoned by authorities after they met visiting US official Tomasz Malinowski.

Bahrain Orders Visiting US Official To Leave The Country

U.S. Assistant Secretary of State for Democracy, Human Rights and Labour, Tomasz Malinowski, was accused of “intervening” in Bahrain’s internal affairs.

Bahrain’s Gulf Air Increases Summer Services To Beirut, Bangkok And Amman

Gulf Air’s services to all three destinations were reduced recently due to instability in those regions.

Bahraini Policeman Dies Of Bomb Blast Wounds – Ministry

The explosion occurred near the village of East Eker, south of the capital Manama.

Bahraini Bank ABC To Raise $500m Loan, Picks Arrangers

The facility will pay an interest rate of 120 basis points above the London interbank offered rate (Libor).

India, Pakistan Among 64 Nations Soon To Get Visa-On Arrival In Bahrain

The Gulf state is planning to implement a new visa policy in 2015, under which nationals from 64 countries can receive one-month visas on arrival.

Starwood’s Debuts Westin And Le Méridien In Bahrain

Global operator targets Bahrain shoppers with double opening at retail centre

Bahrain’s Invescorp Walks Away From Cavalli Deal Over High Valuation

Italian designer Roberto Cavalli was hoping to receive a 450-million-euro ($612 million) offer from Investcorp by a June 30 deadline.

Bahrain Opposition Leader Cleared Of Terrorism Charges

Khalil al-Marzouq, deputy leader of the al-Wefaq party, was charged with inciting terrorism.

Bahrain Struggles With Unrest, Competition To Remain Business Hub

Following unrest in the country, some foreign financial firms have moved staff to Dubai.

Bahrain’s Gulf Air Resumes Athens Flights

Carrier resumes flights to Greek capital after two-year absence

Bahrain’s GFH Loses Appeal Against Kuwait Regulator Monitoring

Kuwait’s Capital Markets Authority decided to monitor the stock after it was traded in high volumes ahead of a company disclosure last year.

Bahrain’s Batelco Wins $211.1m From Indian Partner

Batelco, via wholly-owned subsidiary BMIC, had sued Chennai-based Siva and its chairman Chinnakannan Sivasankaran.

Bahrain Mulls Union To Protect Workers’ Rights

The union will charge a nominal membership fee of BD1.200 per year, which will amount up to 100 fils a month.

Bahrain Bourse Sets Margin Trading, Market Maker Rules

The Bahrain bourse also said that it had approved trading of options, exchange-traded funds and real estate investment trusts.