24x7 News » March 30th, 2011 News Article posted on “March, 2011”

Waleed Mahmood becomes Associate of ACII UK

Waleed Mahmood

Waleed Ahmed Mahmood, General Manager of Bahrain Kuwait Insurance Company (BKIC), has been elected an Associate of the Chartered Insurance Institute in the UK.   Bahrain Kuwait Insurance Company Congratulates its General Manager for being elected an Associate of the Chartered Insurance Institute. He has also been awarded the use of descriptive title of Chartered [...]

March 30th, 2011 | Posted in Banking & Finance | Read More »

Global demand of Ammonia to increase by 26% by 2015

Arial View

Ammonia is one of the most important pillars of the agricultural industry. Fertilizers, especially nitrogen fertilizers, are in direct use on agricultural land to increase fertility, as is the case in the United States of America and some developed countries. According to a recent statistical report issued by the International Union for the fertilizer industry [...]

March 30th, 2011 | Posted in Industry & Commerce | Read More »

Al-Zain praises sovereign fund’s resilience

Chief Executive of Bahrain Mumtalaktat Holding Company, Talal Al-Zain, praised the resilience of the holding company’s portfolio businesses with all operating at full capability. Mr Al Zain highlighted extraordinary achievements of Mumtalakat companies including Gulf Air, Bahrain Airport Company, Batelco, Alba, and NBB, amongst others, in maintaining service levels and operational capacity throughout recent events. [...]

March 30th, 2011 | Posted in Banking & Finance,Batelco,Telecom | Read More »

$200m cash windfall for Alba’s shareholders

Alba’s Chairman Mahmood Hashim Al Kooheji (centre) with Alba’s Chief Executive, Laurent Schmitt (fourth from left) with other members of board during the AGM

Alba, which achieved a milestone with 267% year on year growth in 2010 and $368 million net profit, said that its shareholders had approved the payment of the cash dividend of $200 million. Alba’s $200 million cash dividends equivalent to 53 fils per share or 53% of the nominal value of the company’s ordinary shares [...]

March 30th, 2011 | Posted in Headline,Oil & Gas | Read More »

Bahrain Bourse denies news on merger with other GCC bourse

Bahrain Bourse Logo

Bahrain Bourse Head of Public Relations and Marketing, Ali Al Mansoor denied the news that was published in some of the Gulf Newspapers yesterday concerning the bourse’s intention to enter into a strategic partnership with another bourse in order to boost its liquidity. Ali Al Mansoor assured that the news that was published is totally [...]

March 30th, 2011 | Posted in Bahrain Bourse | Read More »

Dr Fakhro visits markets and gold souq

BCCI Pearl, Gold and Jewllery Committee Chairman Mohammed Sajid Sheikh with Minister Fakhro

Within its ongoing efforts to follow up markets and achieve public interest of citizens by ensuring price stability and the availability of commodities to Consumers. Industry and Commerce Minister Dr Hassan Fakhro inspected Manama Central market, Ramez in Manama, Gold Souq, in addition Carrefour at Bahrain City Centre, where he was briefed on the latest [...]

March 30th, 2011 | Posted in Industry & Commerce | Read More »

Clock is ticking fast for Emirates’ Geneva launch

Richard Vaughan, with cabin crew during the Emirates' Road Show event at Geneva Palexpo.

Emirates has given a new meaning to the expression ‘Time flies’ with its plans to launch flights to the “birthplace of watch making” – now just eight weeks away.   Geneva will be added to the airline’s European route network from 1st June. Last night, more than 600 guests from the travel industry and the [...]

March 30th, 2011 | Posted in Aviation,Emirates Airline | Read More »

HM the King chairs the Ruling Family Council meeting

HM King Hamad bin Isa presiding over the meeting

His Majesty King Hamad bin Isa Al-Khalifa has chaired the 216th regular meeting of the Ruling Family Council, in the presence of His Royal Highness Prince Salman bin Hamad Al-Khalifa, Crown Prince and Deputy Supreme Commander.   He lauded the historic role of the Ruling Family in protecting Bahrain and preserving its identity as a [...]

March 30th, 2011 | Posted in Bahrain News | Read More »

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