The deficit was lower than the BD1.33 billion initially foreseen and is equivalent to two per cent of GDP.
At least four other policemen were less seriously hurt in the attack in Bani Jamra village.
The move comes a day after Bahrain’s foreign minister called the head of the Shi’ite Muslim group a “terrorist”.
The merger between Al Salam Bank and BMI Bank will create a lender with assets of around BD1.7 billion.
Sheikh Mohamed bin Isa al-Khalifa has been temporarily replaced by long-serving Peter Kaliaropoulos
The Gulf state upped its original 2012 expenditure plan by nearly 19 per cent in September 2011.
Bahrain’s biggest telecom group has now reported a fall in profit in 11 quarters out of 12 and has seen its market share eroded by rivals.
First-quarter net income rose to $66 million from $57 million in the year-ago period, with operating income up 16 per cent.
The U.S. Labour Department issued a report in December, some 20 months after the general strike, that faulted the Bahrain government for the actions it took.
Sheikh Salman secured 33 of the 46 presidential votes available from AFC member associations in Malaysia.
The private equity firm is selling German insulation firm Armacell to Charterhouse Capital Partners.
The fund holds stakes in 40 Bahraini firms including Batelco and Aluminium Bahrain (Alba).
Any transaction is expected to be at least $500 million in size, say sources.
The Bahrain bank would still have seen Q1 profit of 12.2 per cent without selling its 29.4 per cent stake in Qatar Foundation.
The race was untroubled by anti-government protests and reported clashes elsewhere in the tiny Gulf kingdom.
An interview with Sheikh Salman bin Ebrahim Al Khalifa reveals he favours himself to replace disgraced Qatari Mohamed Bin Hammam.
Formula One’s commercial supremo Bernie Ecclestone will attend the race.
The 82-year-old British billionaire has said repeatedly that he has no cause for concern ahead of the Bahrain GP.
Zain Bahrain has been instructed to sell 15 per cent of its shares in the IPO and list on Bahrain’s bourse.
The Gulf Arab state has been hit by unrest since pro-democracy protests broke out in early 2011.
The grand prix was cancelled in 2011 but went ahead last year despite calls by activists in Bahrain and campaigners abroad for teams not to race.
Kuwaiti telecoms operator Zain holds a 56.3 per cent stake in Zain Bahrain.
Representatives from over 30 nations will gather in Bahrain to practise minesweeping and escorting ships.
The Telecommunications Regulatory Authority was due to auction 12 lots of spectrum primarily for 4G networks from March 31.
The economy grew 3.4 per cent in full-year 2012, up from 1.9 per cent in 2011.
International Investment Bank’s chief executive, Aabed Al-Zeera, will join the Leeds City Holdings Limited.
Potential buyers Charterhouse, HgCapital and Pamplona were likely to submit bids 100 million euros under its price tag.
Sheikh Ali Salman, leader of the Shi’ite-led group al-Wefaq, says he welcomed Crown Prince Salman al-Khalifa’s appointment.
The forecast is lower than the Economic Development Board’s prediction last month of 6.2 per cent for 2013.
Based on Bahrain Islamic’s total outstanding shares, the value of the deal is about BD34.9 million.