Batelco Group announces half year 2014 profit of BD24.9m
For the first six months of the year, the Batelco Group reported net profit of BD24.9M (US$66.0M) versus BD25.3M (USD67.1M) for the corresponding period in 2013, a slight decrease of 1% year over year and a 28% decrease since last quarter.
Bahrain firm to develop mixed-used project in Dubailand
Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has signed a land sale agreement with Dubai Properties Group (DPG) to establish a new mixed-use residential development in its Dubailand district.
U.S. approves USD700m sale of Hellfire missiles to Iraq
The U.S. State Department has approved the sale of 5,000 Hellfire missiles to Iraq as Baghdad tries to fend off militant Islamist forces.