Bahrain Export Enhancement Program

Bahrain News

Daily Press Briefing - September 1, 2010 Wednesday, September 1, 2010 @ 6:47PMSecretary Clinton Attending First Series of Meetings with President Obama at the White House Before Direct Negotiations Begin Tomorrow; Deputy Secretary Steinberg met with Chinese Special Representative for Korean Peninsula Affairs Wu Dawei Today
Iftar and Suhoor events Wednesday, September 1, 2010 @ 5:51PMHSBC Amanah, the Islamic finance operation of HSBC, organised Iftar meals for more than 3,500 people in eight countries, including Qatar, across three continents. Recipients included orphans, labourers, the homeless and other deserving people.
‘Ad spend in Qatar up’ Wednesday, September 1, 2010 @ 5:50PMAdvertising expenditure in Qatar has risen 11.2% to $219mn in the first six months of this year, according to the Pan Arab Research Centre (PARC). The first half figures also showed that Qatar cornered 10.2% market share in the GCC region.
Soccer Capsules: Alleged drug lord sheltered Cabanas' assailant Wednesday, September 1, 2010 @ 4:26PMMEXICO CITY (AP) — An alleged drug lord being held by Mexican authorities says that for three months he hid the fugitive wanted in the shooting seven months ago of Paraguay footballer Salvador Cabanas.
Zagreb World Challenge Meeting results Wednesday, September 1, 2010 @ 4:09PMWorld Challenge meeting results from Zagreb on Wenesday. Men's 100m 1. Tyson Gay (U.S.) 9.92secs 2. Nesta Carter (Jamaica) 10.07 3. Michael Rodgers (U.S.) 10.14 Men's 400m 1. Nery Brenes (Costa Rica) 45.42secs 2. Jonathan Borlee (Belgium) 45.69 3. Erison Hurtauld (Dominica) 46.34 Men's 800m 1. Nick Symmonds (U.S.) 1min 45.37secs 2. Belal Mansoor Ali (Bahrain) 1:45.65 3. Job Kinyor (Kenya) 1:45 ...
Shariah experts push for global scholar certificates Wednesday, September 1, 2010 @ 4:07PMLeading Islamic finance scholars are preparing the first global certification for Shariah experts, seeking to bolster the industry’s reputation and make it easier for banks to find qualified advisers.
Petchems lead Saudi shares to 2-week high Wednesday, September 1, 2010 @ 4:07PMPetrochemicals led Saudi Arabia’s index to a two-week high yesterday, tracking rising oil prices, but volumes may be too low for these gains to signal the start of a more sustained rally.
SMX goes live, targets 5% derivatives share in Asia Wednesday, September 1, 2010 @ 3:15PMSMX goes live, targets 5% derivatives share in AsiaSMX goes live, targets 5% derivatives share in Asia
HRW urges Bahrain investigate torture claims Wednesday, September 1, 2010 @ 3:15PMHuman Rights Watch has urged Bahraini authorities to immediately look into allegations of torture made by four Shiite activists in detention since mid-August.
Exchange Rates on 01.09.2010 Wednesday, September 1, 2010 @ 2:45PMBahrain Dinar 299.17 Kuwait Dinar 390.97 Oman Rial 292.96 Qatar Riyal 30.98 Saudi Arabia Riyal 30.08 UAE Dirham 30.71 The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 27th August, 2010 by all commercial banks was 9.95 percent and 8.50 percent respectively.
Business : Advertising expenditures in UAE decline 4% in first half Wednesday, September 1, 2010 @ 2:19PMABU DHABI — The advertising expenditures in the GCC region grew by 20 per cent in the first six months of the year, showing significant growth in all member nations of the economic bloc, in contrast with a four per cent dip in the UAE.
Business : UAE tops in expat affluence Wednesday, September 1, 2010 @ 2:17PMDUBAI — The UAE is home to some of the wealthiest expatriates in the world, according to a survey.
Bahrain urged to probe torture allegations Wednesday, September 1, 2010 @ 1:49PMSource: Reuters * Rights group calls for immediate investigation * Bahrain has banned media reporting on case DUBAI, Sept 1 (Reuters) - U.S.-based group Human Rights Watch urged Bahrain on Wednesday to ...
Muslim cleric reviled for interfaith efforts Wednesday, September 1, 2010 @ 1:31PMFor the first time in a long while, Feisal Rauf is avoiding the press. The imam behind the planned "Ground Zero mosque" is on a trip to the Gulf states after the United States State Department shelled out US$16,000 ($22,800) to fund...
Gulf banks showing signs of recovery Wednesday, September 1, 2010 @ 1:23PMDUBAI: Gulf banks have spent more than US$20 billion on provisions for bad debt and lost investments but are showing signs of returning to high profitability, Standard and Poor's said yesterday.
Lukewarm reaction to NY imam on Middle East tour Wednesday, September 1, 2010 @ 7:20AMDUBAI (Reuters) - A heated U.S. debate over a planned Islamic center near New York's World Trade Center site is seen by Middle East media, scholars and citizens as more of a domestic American issue rather than an attack on their faith.
Loan Losses and Impairments Exceed $20 Billion For Gulf Banks, says S&P Wednesday, September 1, 2010 @ 7:13AMDUBAI, September 1, 2010--Standard & Poor's Ratings Services believes that the Gulf banks it rates appear to be showing signs of improvement, after spending more than $20 billion on loan loss provisions and investment impairments since 2008. Thanks to high oil prices and government policies, the economies in the Gulf Cooperation Council (GCC)--comprising Saudi Arabia, Kuwait, Bahrain, Qatar, the ...
OWWA sends home distressed OFWs Wednesday, September 1, 2010 @ 6:36AMThe Overseas Workers Welfare Administration (OWWA) said Wednesday that welfare officers in Jeddah have brought home distressed overseas Filipino workers (OFWs) from deportation centers as many and as fast as they can. OWWA Administrator Carmelita Dimzon admitted that they know the discomfort of OFWs in sharing deportation facilities in Jeddah with hundreds of migrants from other migrant-sending ...
Zaccheroni starts with observation role for Japan Wednesday, September 1, 2010 @ 6:22AMSEOUL, South Korea (AP): For new Japan coach Alberto Zaccheroni, Friday's friendly against Paraguay will give him a glimpse of what he's got to work with at the Asian Cup.
Got the Blues? | Labor Day boosts the tunes with the sounds of Little Joe and the return of E.G. Kight Wednesday, September 1, 2010 @ 6:16AMAlthough we all know that Tulsa has a deep tradition in blues, sometimes it's easy to overlook the talent we have in our own back yard. After all, blues is such an essential ingredient on much of what we see and hear spring out of our local music scene, it can occasionally be taken for granted. On... By G.K. Hizer.
Russia home to wealthiest expats: Survey Wednesday, September 1, 2010 @ 5:45AMCANBERRA (Sept 1, 2010): Russia, Saudi Arabia and Bahrain are home to the wealthiest expats, with eurozone countries falling behind when it comes to paying for foreign expertise, according to a survey of expats on Wednesday.
Dubai Stocks Lead Gulf Higher on Speculation Drop Is Overdone; Emaar Gains Wednesday, September 1, 2010 @ 5:40AMDubai’s benchmark stock index rose for the first time this week, leading Gulf markets higher, on speculation recent declines are overdone given growth prospects and after Chinese manufacturing quickened more than expected.
Prof. Kedar Warns: Iran May Take Over Persian Gulf Wednesday, September 1, 2010 @ 5:39AMFollow Israel news on and . Professor Mordechai Kedar, an expert on Middle East Strategic Studies at the Begin-Sadat Institute warns that Iran may be planning a full takeover of Persian Gulf states.
By Overthrowing Regional order, US Unleashed a Genie Wednesday, September 1, 2010 @ 5:24AMThe Sunni-Shiite tensions have prolonged the conflict in Iraq, caused sectarian clashes in Lebanon and insurgency in Yemen, but also stand-offs in Bahrain, Kuwait and parts of Saudi Arabia, says Paul Salem .
Shariah Experts Push for Scholar Certificates: Islamic Finance Tuesday, August 31, 2010 @ 11:48AMLeading Islamic finance scholars are preparing the first global certification for Shariah experts, seeking to bolster the industry’s reputation and make it easier for banks to find qualified advisers.
112 Ribbons for Longacres Camp Tuesday, August 31, 2010 @ 11:34AMLongacres Riding Camp came to the Erie County Fair with 18 horses to compete in the Hunter/Jumper Division of the horse show. This year the camp brought home 112 ribbons, more than in any of their 43 continuous years they have been at the fair.
81 Pinoy seafarers still with Somali pirates Tuesday, August 31, 2010 @ 11:32AMMANILA, Philippines – Efforts are underway for the release of 81 Filipino seafarers who were abducted by Somali pirates, the Department of Foreign Affairs (DFA) said.
Saks shares surge after report of buyout bid Tuesday, August 31, 2010 @ 11:28AMSaks shares surge after report of buyout bid
Will New York's Mosque Protests Aid Terrorist Recruiters? Tuesday, August 31, 2010 @ 11:00AMWhy New York's anti-mosque protests worry counterterrorism experts.
Blackburn suitor faces Bahrain business probe Tuesday, August 31, 2010 @ 10:45AM(AP:MANAMA, Bahrain) An Indian businessman in talks to purchase the English Premier League club Blackburn said Tuesday that he is cooperating with investigators in Bahrain after reports his company was shut down by fiscal regulators.
VLCC eyeing Rs 1,000 cr revenue in three years Tuesday, August 31, 2010 @ 10:08AMBeauty and wellness firm VLCC is eyeing a Rs 1,000 crore revenue in the next three years, even as it expects to triple the size of its product portfolio, a top company official said.
Global Franchise Group Expands Tuesday, August 31, 2010 @ 9:33AMMaster Franchise Agreement Provides for At Least 30 Stores Over 10 YearsATLANTA -- Global Franchise ...
Saks Rises After Report Retailer May Receive Offer Tuesday, August 31, 2010 @ 9:29AMSaks Inc. rose as much as 34 percent in U.S. trading after the Daily Mail speculated the New York luxury retailer may receive a takeover offer from a private- equity group.
Blackburn suitor in the spotlight Tuesday, August 31, 2010 @ 1:47AMA possible new owner for Blackburn Rovers has been ordered to close down a company operating in Bahrain. Ahsan Ali Syed, an Indian national based in the Middle Eastern country, has been told that his Western Gulf Advisory organisation must cease trading.
Better market prospects to emerge as UAE construction market poises for rebound, says Danube Tuesday, August 31, 2010 @ 1:45AMBetter market prospects will emerge as the UAE construction market poises for rebound, says Danube Building Materials Danube Building Materials , the leader in construction, building materials and shop fitting industries.
Blackburn Rovers suitor Ahsan Ali Syed ordered to shut firm Tuesday, August 31, 2010 @ 1:39AMIndian businessman planning a £300m takeover bid for Rovers has been ordered to close his foreign investment company.
Teams aiming for 6 pre-season tests Tuesday, August 31, 2010 @ 1:37AMMcLaren boss Martin Whitmarsh has revealed that the teams are hoping to hold six tests ahead of the 2011 season opener, with the final test probably taking place in Bahrain.
Qatar Foundation Signs Strategic Partnership Agreement with Microsoft Tuesday, August 31, 2010 @ 1:31AMDoha, Qatar: August 31, 2010: Furthering its commitment to the development of knowledge based society in Qatar, Qatar Foundation Qatar Foundation for Education, Science and Community Development and Microsoft Microsoft signed a Memorandum of Understanding (MoU) at a press conference in Doha, Qatar.
BUSINESS WIRE: Aéroports de Paris: 2010 Half Year Financial Results Tuesday, August 31, 2010 @ 1:13AMMITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH.
Bahrain: Opposition Leader Charged With Trying to Overthrow Government Tuesday, August 31, 2010 @ 1:13AMThe Shiite opposition leader Abduljalil al-Singace was charged on Monday with attempting to overthrow the government. Mr. Singace was arrested on Aug. 13 in a sweep that the Sunni minority government described as an ongoing counterterrorism operation, but that Shiite leaders and human rights groups call a crackdown on political dissent in which an estimated 230 people have been detained. This ...
BFX appoints RI as Shariah adviser Tuesday, August 31, 2010 @ 12:59AMRI, one of the world's leading organizations of its kind, will provide a number of important support services to the BFX BFX leading up to its launch in October of this year; most notably, advisory services to the BFX BFX to ensure the adherence of the BFX BFX 's Murabaha platform to Islamic principles.
Solidarity Group gets new CEO Tuesday, August 31, 2010 @ 12:58AM31 August 2010 MANAMA: Ashraf Bseisu, a long-standing Solidarity Solidarity executive and a prominent member of the region's insurance industry, has been appointed as group CEO with immediate effect.
Bahrain denies stopping funds for Mshaima’s cancer treatment Tuesday, August 31, 2010 @ 12:44AMManama Bahrain on Sunday evening denied as “untrue and lacking credibility” reports that it had stopped financing the treatment of Hassan Mshaima, head of the Haq Movement, who has been battling cancer.
Mohamed Bin Hammam: I Won't Challenge Sepp Blatter For FIFA Presidency Sunday, August 29, 2010 @ 9:38AMAsian Football Confederation president Mohamed Bin Hammam says he won't challenge Sepp Blatter for the FIFA Presidency next year.
Qatar, Israel Shares Advance on Bernanke’s Pledge, Oil Gains Sunday, August 29, 2010 @ 7:33AMQatar and Israel shares advanced, leading a rally in Middle East markets, after U.S. Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the recovery of the world’s biggest economy. Oil gained.
Tenants don't see imam as 'healer' Sunday, August 29, 2010 @ 7:27AMHACKENSACK, N.J. - The Muslim cleric at the center of the proposed mosque and community center near ground zero...
Imam behind NYC mosque faces divisions over center Sunday, August 29, 2010 @ 7:25AMNEW YORK (AP) — Imam Feisal Abdul Rauf has long worked to bridge divisions, be they fissures between interfaith husbands and wives or political chasms separating the United States and the Muslim world.
Bahrain And The Iranian Underground Sunday, August 29, 2010 @ 7:09AMAugust 29, 2010: Bahrain recently warned Kuwait and Saudi Arabia that it had uncovered a plot involving hundreds of sleeper agents, organized into 40-50 cells.
Eleven American Combat Brigades Remain In Iraq Sunday, August 29, 2010 @ 7:09AMAugust 29, 2010: While there are only 50,000 troops left in Iraq, and none of them are, technically, combat troops, most of them are. That's because most of the troops left in Iraq are there to provide training and advice for Iraqi security forces.
Abu Dhabi, Israel Shares Rise on Bernanke’s Pledge; Oil Gains Sunday, August 29, 2010 @ 6:03AMAbu Dhabi and Israel shares advanced, leading a rally in Middle East markets, after U.S. Federal Reserve Chairman Ben S. Bernanke pledged to safeguard the recovery of the world’s biggest economy. Oil gained.