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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.

Bahrain’s Mumtalakat Ends Losing Streak, CEO Says Profits To Stay

The fund’s 2013 profit was driven by lower impairment losses and improved operating performance of assets.

Bahrain Budget Gap Doubles In 2013, Spending Rise Lowest Since 2009

State spending rose by 2.8 per cent to BD3.4 billion in 2013, some 14 per cent below the budget plan.

Bahrain Opposition To Boycott Election Unless Political Deal Reached

Bahrain has been in turmoil since protests led by Shi’ite Muslims erupted in 2011 after similar uprisings in Egypt and Tunisia.

Bahrain Clarifies Basel III Capital Rules, Eyes 2015 Rollout

Bahrain’s decision could influence regulators in other Gulf states such as the UAE and Qatar that have not yet clarified their stance.

Roberto Cavalli Approaches Bahrain’s Investcorp For Possible Investment

Founder-owned fashion firm Cavalli has for some time been looking for a partner or a buyer to bring in new funds.

Bahrain Plans IPO For Khalifa Bin Salman Port Operator

The listing aims to fulfill a contractual agreement made when the port opened in 2009.

Bahrain Says No Plans To Return Ambassador To Qatar Soon

Saudi Arabia, Bahrain and the UAE recalled their ambassadors from Doha in March.

Bahraini Rights Activist Free After Two Years In Jail

Nabeel Rajab, founder of the Bahrain Centre for Human Rights, was found guilty of organising and participating in illegal protests.

Bahraini Teenager Dies After Clashes With Police – Activists

The Gulf state has suffered low-level civil unrest since mass protests in 2011.

Bahrain’s Gulf Air Says Losses Fell 52% In 2013 After Restructuring

Losses were cut by retiring aircraft, closing eight routes, reducing staff expenses and renegotiating over 2,000 contracts with suppliers, it said.

Bahrain’s GFH Expects To Complete Capital Reduction This Quarter

GFH will reduce the nominal value of its shares by 13.8 per cent to $0.265 per share from $0.3075.

Bahraini Lender ABC Names Hopkins As CFO Effective June 1

Hopkins spent 18 years at Standard Chartered including as CEO for Europe.

Bahrain Has No Date For Planned Diesel Subsidy Phase-Out

Officials had previously said that they would gradually raise the domestic selling price for diesel fuel, almost doubling it by 2017.

Bahraini Shi’ite Youth Risk Radicalisation As Political Talks Stall

There are fears that a deadlock in political efforts to solve a three-year-old standoff is deepening frustration among young Shi’ites.

Bahrain’s GIB Sets Guidance On 2bn Saudi Riyal Floater -IFR

The issuer completes investor meetings for the deal on May 5 and settlement is scheduled for May 11.

Bahrain’s Batelco Q1 Net Profit Rises 8%

The former monopoly made a net profit of 14.5 million dinars ($38.46 million) in the three months to March 31.

Bahrain, Russia Sign Investment Deal Amid Western Sanctions

The Russian Direct Investment Fund (RDIF) said it had signed a deal with Bahraini sovereign wealth fund to identify and work together on investment opportunities in their countries.

Bahrain Jails Five For Plotting To Bomb 2013 F1 Race

Bahrain’s official news agency did not name the five but said they had confessed to the plot.

Bahrain Sentences Eight People To Life For Policeman Bomb Death

Eight men planted a homemade bomb close to where police usually erected a checkpoint during protests, before setting tyres on fire and blocking the road to lure policemen to the site.