24x7 News » May 31st, 2011 News Article posted on “May, 2011”

HM King renews the call for a National Dialogue in July

HM King Hamad of Bahrain

HM King Hamad bin Isa Al Khalifa on Tuesday called upon all segments of the society to participate in the National Dialogue in July to deliberate on all national issues without preconditions.   “Dialogue is a national strategic choice to reach the required and agreed upon solutions, we instruct both the executive and legislative branches [...]

May 31st, 2011 | Posted in Bahrain National Dialogue 2011,Bahrain News,Headline | Read More »

Expert urges GCC to reestablish large investment portfolios to fund vital projects

Omar Al Juraifani

There is a need for the GCC to pool together huge investment portfolios to fund the ongoing and upcoming common vital projects, according to an economist. “Such investment portfolio becomes more relevant in light of the ongoing soaring competition in developing numerous projects including the latest announcement of an investment of $9.181 billion to develop [...]

May 31st, 2011 | Posted in Headline,Regional | Read More »

GFH swings back to black with net profit of $11.9m in Q1

Esam Y. Janahi

Bahrain-based Gulf Finance House (GFH) said on Tuesday it swung back to the black in its fiscal first quarter reporting a net profit of $11.9million as compared to $7.5million loss for the same period last year. The bank in a statement announcing financials said in line with its comprehensive plan for the period ending 31st [...]

May 31st, 2011 | Posted in Banking & Finance | Read More »

IDB eyes Jordan’s mega rail project

Jordan's Mega Rail Project

The Islamic Development Bank (IDB), is currently studying Jordan’s mega rail project with a view to garnering international financial support to the project the total cost of which is estimated at $45 billion. Once it becomes reality, the project is expected to link Jordan’s major economic zones with regional and international economic hubs in the [...]

May 30th, 2011 | Posted in Headline,Regional | Read More »

BNP Paribas CEO Baudouin Prot meets top leadership during historic visit to Qatar

Chief executive officer of BNP Paribas

Baudouin Prot, Chief Executive Officer of BNP Paribas, one of the strongest banks in the world, met with the top leadership during his visit to Qatar on Monday. The visit included private meetings with His Highness, Sheikh Hamad Bin Khalifa Al-Thani, Emir of the State of Qatar, His Excellency Sheikh Hamad Bin Jassim Bin Jabor [...]

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

Cessation Court receives death penalty cases

Supreme Court

The General Secretary of the Supreme Council of Judiciary Affairs announced that the Court of Cassation’s Technical Office received the case number 75/2011 regarding the execution rule from the National Safety Court of Appeal where the case will undergo the usual legal procedures. The General Military Prosecutor of the Bahrain Defence Force has stated that [...]

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

Bahrain plans 12 new power stations

Dr Mirza

The Kingdom has, so far this year, set up three power generation projects in Mgaba, Salmabad and North of A’ali, with a total cost of BD 15 million. It was announced Energy Minister Dr Abdul Hussein bin Ali Mirza, noting that the country is planning to build 12 other power stations. Dr. Mirza said that [...]

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

Bahrain announces schedule for the bye- elections

Votes

The Minister of Justice and Islamic Affairs issued resolution No. 19 for the year of 2011 on appointing the dates for the bye elections of the House of Representatives constituencies concerned. According to article I Voters whom names are recorded on the voters’ applications of the provisions of decree by Law No. 14 for the [...]

May 30th, 2011 | Posted in Uncategorized | Read More »

AIM Congress
Standard Chartered Bank Bahrain
Shariah Scholar Journal
Subscribe to Newsletter
Enter your email to receive updates

Breaking News