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Gulf States Warned Off Lebanon

UAE, Bahrain and Qatar have urged their citizens not to travel to Lebanon as Syria unrest spreads.

GCC Union Talks Delayed

The Gulf States, which met in Riyadh on Monday, have postponed talks of a possible integration.

Bahrain To Open New Dragon City

Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.

Al Baraka Bank Posts Q1 Profit Rise

The Bahraini lender’s net profit rose seven per cent during the first quarter of the year to reach $57.4 million.

Alwaleed’s Rotana To Shift To Bahrain

Prince Alwaleed’s upcoming news channel, Al Arab will also be headquartered in Manama.

Vettel Wins Bahrain GP; Protesters Stay Away

High security kept trouble away from the track as Vettel stormed to victory.

Bahrain F1 Race Goes Ahead Despite Protests

The Gulf country is hosting the Formula One Grand Prix amidst increasing protests on the streets.

Bahrain Is “Not Syria” Says Circuit Boss

Formula One teams taking part in the Bahrain Grand Prix will not be at risk, circuit chairman Zayed Al Zayani has said.

Bahrain Grand Prix Doubts Persist

Despite officials confirming that the race is Bahrain is still on, many teams expect it to be called off amid security concerns, say reports.

GCC Produces Record Aluminium Supply

Annual production in the GCC could reach five million tonnes by 2014.

Formula One’s FIA Monitoring Bahrain

The International Automobile Federation (FIA) said that it was keeping a close watch on the escalating violence in Bahrain ahead of the grand prix on April 22.

Bahrain Tops Region In Global IT Index

The UAE and Qatar also ranked high for their IT technologies on the global index compiled by the World Economic Forum and INSEAD.

Batelco Eyes Acquisitions In 2012

The Bahraini telecoms operator hopes that new acquisitions will bring in revenues to compensate domestic losses.

New $1bn Islamic Bank In Doha

Saudi Arabia’s Islamic Development Bank and Dallah Albaraka Group have signed an agreement with Qatar to set up the new bank.

Ex-Mumtalakat Head Joins PineBridge

Talal Al Zain, who recently resigned from Bahrain’s sovereign wealth fund, has been appointed as the CEO of PineBridge’s MENA operations.

Accor To Hire 4,000 Staff In ME

The hotel group targets to have 100 hotels either operating or under construction in the region by 2015.

Bahrain’s SWF Names New CEO

Mumtalakat has appointed ALBA chairman Mahmood Hashem al-Kooheji as its new CEO.

Bahrain’s GDP Growth Fell To 2.2% In 2011

This is the country’s worst economic performance since 1994, when oil prices fell to $13 per barrel.

Bahrain’s Arcapita Files For Bankruptcy

The investment house filed for US bankruptcy protection after it failed to reach a $1.1 billion debt deal with creditors.

Bahrain Unrest Hikes Salaries By 10.5 %

Average monthly salaries for some expatriates have gone up by more than 10 per cent this year compared to 2011.

Investcorp Acquires UK Education Group

The Bahraini investment group has taken over the GL Education Group, a UK-based education solutions provider.

Ecclestone: “Nobody’s Going To Shoot”

F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.

GCC To Produce 10% Of World Aluminium

Investment in the GCC’s aluminium industry has reached $14 billion to date.

Investcorp Buys US Properties

The Bahraini investment company has acquired a portfolio of properties in the San Francisco Bay Area for $65 million.

GCC Oil And Gas Reserves Worth $65trn

The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.

Freeze On Bahrain’s Expat Tax May Continue

The parliament has voted to extend the suspension of the tax on foreign workers for another two years, according to reports.

Bahrain Eyes Gas Imports From Russia

The Gulf state is initially planning to import the equivalent of around 3 million tonnes a year of LNG from Russia’s Gazprom.

Mumtalakat Head Quit Over Differences

The head of Bahrain’s sovereign wealth fund reportedly resigned because of differences with the board.

Mumtalakat Head Resigns

Talal Al Zain is leaving Bahrain’s $9 billion sovereign wealth fund to set up an investment firm.

ABC Islamic Bank Nets $8.1mn Profit

ABC Islamic Bank announced a net profit of $8.1 million for 2011, based on lower provisioning.