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Qatar Monday surprisingly announced it will give up its seat in the Organization of Petroleum Exporting Countries (OPEC) in January, explaining that the decision was not political. Yet, it blasted the oil cartel for being dominated by Saudi Arabia that Read more
Roberto Cavalli Group, one of Italy’s major fashion houses, has signed a deal to begin business in Bahrain. Roberto Cavalli will deploy its know-how in luxury interior decoration in the little kingdom where it has been assigned to furnish 247 Read more
Egypt’s national flag carrier EgyptAir has revealed that the ongoing blockade imposed by the North African country, Saudi Arabia, United Arab Emirates (UAE) and Bahrain on Qatar over its alleged support for terrorism has created a significant dent in the Read more
Bahrain has placed with American aerospace manufacturer an order for the acquisition of 12 AH-1Z Viper helicopters for a total cost hitting $912 million. The deal was signed at Bahrain International Airshow, which ended over the weekend. The first batch Read more
Kuwait has expressed hope that next month summit of the Gulf Cooperation Council (GCC) to be held in Riyadh would help put an end to the ongoing diplomatic crisis that has plagued the grouping since June 2017. Kuwait’s deputy foreign Read more
The US Senate Thursday killed efforts to block the sale of military hardware worth $300 million to Bahrain, which is part of the Saudi-led coalition waging war in Yemen. Efforts led by Sen. Rand Paul to block the arm sale Read more
The call launched by King Mohammed VI to neighboring Algeria for a direct, open and frank dialogue to settle the transient and objective differences hampering the development of relations between the two countries has triggered positive reactions worldwide and earned Read more
Bahrain will host early December the international Chocolate & Coffee Expo Exhibition 2018 that will gather 11 countries from around the world. The event will kick off on December 6 with the participation of five Arab countries (Bahrain, Saudi Arabia, Read more
Manama-based alternative investment products firm, Investcrop, has said it acquired five industrial units in Scotland for a $14.6 million investment as part of its expansion strategy across Europe. The entity said it bought 200,000-sq-ft industrial units comprising several sectors including Read more
The board of directors of Bahraini national carrier, Gulf Air, have cast aside previous plans to lay off Bahraini staff as the airline edges towards profitability following few years of losses. At an important meeting held Thursday, the carrier decided Read more