Bahrain has weathered the most recent bout of volatility in global financial markets, the IMF said last week.
Defendants were accused of attacking two officers and of taking part in an illegal protest, according to their lawyer.
Batelco’s share of retail broadband subscribers has fallen to 20-30 per cent in 2012 from 70-80 per cent in 2008.
The company has offered to buy back up to $200 million in principal amount of its 4.25 per cent, $604.4 million guaranteed notes maturing in 2020.
Bahrain has experienced unrest over the past three years by majority Shi’ite Muslims demanding political reform.
Majid Al Futtaim plans to introduce a brace of brands in the two towers which connect with the shopping centre
Saudi Arabia’s Hanco and Bahrain’s Venture Capital Bank bought Byrne for around Dhs600 million.
The non-agreement on the structure and the valuation of the deal were the primary reasons to call off the merger, a statement said.
It was not immediately clear who planted the bomb or the extent of the damage.
The Islamic investment firm’s unit is in the process of selling a majority stake in English soccer club Leeds United.
Mumtalakat had $7.1 billion of assets under management at the end of September and holds stake in 40 firms in Bahrain’s non-oil sector.
The financial park and real estate project had been suspended for five years.
Bahrain, which has been seeing clashes between Shia and Sunni sects, accused Shi’ite Iran on Thursday of fomenting bloodshed in the kingdom.
The two children, aged 10 and 11, had been instructed by “terrorists” to plant a bomb in Daih, a ministry statement said.
They accused Doha of not implementing an agreement among GCC countries not to interfere in each others’ internal affairs.
In 2013, there were four separate examples of consolidation in the Bahraini banking sector.
The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG.
A bomb detonated during a protest in a village west of the capital Manama.
Regulators around the world are increasing their scrutiny of Islamic finance, including the boards of sharia scholars who rule on whether activities follow religious principles.
The investment firm made a net profit of $5.2 million in the three months to December 31.
The Islamic lender recorded a net attributable profit of $32 million in the three months to December 31, 2013.
Batelco will buy 46 per cent of Qualitynet from Ali al-Ghanim & Sons for an undisclosed fee.
Six others were sentenced to life imprisonment for the killing of a policeman after a protest last year.
Ray Ferguson joins the ABC Group after working with Standard Chartered for 28 years.
The bank’s growth in 2014 will be fuelled by the company’s entry into the Moroccan and Libyan markets and expansion in Tunisia.
Under the terms of its licence, Zain Bahrain must sell 15 per cent of its shares in an IPO and list on the Bahrain bourse.
The global financial crisis and political instability dented Bahrain’s banking sector but will a recent wave of M&A activity burn around its fortunes?
The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.
Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).
The airline said it would operate four weekly flights to Tehran, starting from March 3.