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Bahrain market gains slightly
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Bahrain: The Bahrain All Share Index closed 0.09% higher at 1,590.57 points in a very lacklustre trading day. While only Salam Bank gained 6.19%, closing at BD0.120, bank NBB and Ahli United Bank remained flat at BD0.57 and BD0.52, respectively. Around 2.4m shares changed hands in Manama. [AMEInfo.com]
 
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Gulf Air appoints new Chief Executive Officer
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Bahrain: Gulf Air, BahrainÂ’s national carrier, announced today the appointment of a new Chief Executive Officer to lead the airline as it enters the next phase of its realignment strategy. [AMEInfo.com]
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ABB wins $170m power order in Bahrain
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Bahrain: ABB, the power and automation technology group, has won an order worth $170m from the Electricity and Water Authority (EWA) of Bahrain for substations to help meet the growing demand for electricity and support economic development. [AMEInfo.com]
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Bahrain hosts call for stronger GCC-ASEAN ties
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Bahrain: H.E. Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of the Bahrain Economic Development Board (EDB), has welcomed the call of BahrainÂ’s Minister of Foreign Affairs for stronger ties between the Gulf Cooperation Council (GCC) and the Association of South East Asian Nations (ASEAN). [AMEInfo.com]
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Tashyeed Properties holds Annual General Meeting
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Bahrain: The Board of Directors of Tashyeed Properties and shareholders held the companyÂ’s Annual General Meeting (AGM), on Monday 29th June 2009. [AMEInfo.com]
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Mercedes E-coupe lanuched in Bahrain
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Bahrain: Bahrain's Al Haddad Motors has launched the new E-Class Coupé from Mercedes-Benz. The new Coupé will initially be available in two versions, the E350 with a V6 engine producing 272 bhp and a 0-100 km/h time of 6.5 seconds and the V8 engine E500 that pushes out 388 bhp and can reach 100 km/h from zero in 5.3 seconds. The E-Class will be available across the Middle East as an E250 CGI in September and the E200 CGI in March of 2010. [AMEInfo.com]
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Kuwait Finance launches student financing
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Bahrain: Kuwait Finance House Bahrain has announced the launch of its student financing product, which is based on Islamic finance principles. The new product is designed to facilitate entry into higher education by financing tuition fees for undergraduate as well as graduate students in Bahrain undertaking studies at universities accredited by the Ministry of Education. The product may also be available to students undertaking studies at international universities on a case by case basis, KFH Bahrain has noted. [AMEInfo.com]
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Financing arranged for Bahrain Al Dur project
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Bahrain: Dubai-based Mashreq bank, Standard Chartered Bank, and Calyon have arranged $1.7bn financing for Bahrain's Al Dur independent water and power project, according to Emirates Business. The financing includes a $1.2bn international facility, which is structured as an eight-year, non-recourse club term loan. [AMEInfo.com]
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YAL Bahrain launches the Steps to Success Programme
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Bahrain: The Bahrain Chapter of Young Arab Leaders has successfully launched their Steps to Success programme. [AMEInfo.com]
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Gulf Air reinforces commitment to train and develop employees
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Bahrain: BahrainÂ’s national carrier Gulf Air, in its continuous stride towards strengthening its in-house people skills, has embarked on several new initiatives recently. [AMEInfo.com]
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Bahrain,
officially the Kingdom of Bahrain (Arabic: مملكة البحرين Mamlakat
al-Bahrayn), is a borderless island country in the Persian Gulf and
is the smallest Arab nation. Saudi Arabia lies to the west and is
connected to Bahrain by the King Fahd Causeway (officially opened on
November 25, 1986), and Qatar is to the south across the Gulf of
Bahrain. The Qatar–Bahrain Friendship Bridge currently being planned
will link Bahrain to Qatar as the longest fixed link in the world.
Towns: Al Manama, Al Muharraq, Isa Town, Hamad
Town, Jidhafs, Sitrah, Al Riffa, Um Al Hassam 
