Bahrain

1-17 of 28 results

Bahrain aims to raise oil output to 250,000 bpd

AFP Global Edition 11 days ago

Bahrain's oil and gas minister Abdul Hussein Mirza on Thursday said the Gulf nation is seeking to increase its oil production to 250,000 barrels per day (bpd) over the next seven years. Bahrain currently pumps 33,000 bpd of oil from its own ...

Gulf single currency may face delay: bank chief

AFP Global Edition 22 days ago

Gulf states plan to launch their monetary council, a precursor for a joint central bank, in 2010 but the planned single currency may be delayed, the Saudi central bank chief said on Sunday. "The (Gulf) monetary council will be established in 2010. ...

Bahrain lawmakers vote to ban dealings with Israel

AP News 27 days ago

Bahraini parliamentarians vote to ban normal relations with Israel Bahrain's elected lower house of parliament passed a bill Tuesday banning citizens from having any relations with Israelis, even as the government has called for increased contact with Israel. The bill will likely ...

Bahrain MPs vote to ban all contact with Israel

AFP Global Edition 27 days ago

Parliament in Bahrain, ignoring government objections, passed a bill on Tuesday to outlaw any contact with Israel and introduce prison sentences for anyone breaking the law. MPs approved jail terms of three to seven years and fines of 10,000 Bahraini dinars (27,000 ...

World Bank arm debuts Islamic bond listing in MidEast

AFP Global Edition 33 days ago

The International Finance Corp., a wing of the World Bank, said Wednesday it would list its first Islamic bond in the Middle East. The IFC Hilal Sukuk, a greenback-denominated 100 million dollar issue with a five-year maturity, will be listed with the ...

Oil Prices

AP News 33 days ago

FILE - In this Nov. 12, 2008 file photo, an oil pump seen in constant motion in the oilfields of Sakhir, in the Gulf state of Bahrain. Oil futures on Tuesday, Oct. 20, 2009 briefly topped $80 a barrel for the first ...

IMF chief says Gulf states should diversify economies

AFP Global Edition 37 days ago

Gulf Arab countries need to diversify their economies and financial sectors, IMF chief Dominique Strauss-Kahn said on Saturday. Gulf countries were not immune from the consequences of the financial crisis but have tackled it from "a position of strength," the International Monetary ...

Four Gulf states renew commitment to monetary union

AFP Global Edition 37 days ago

Gulf finance ministers and central bank governors on Saturday reiterated their commitment to a monetary union and a single currency which four states plan to launch next year. The top officials from Bahrain, Kuwait, Qatar and Saudi Arabia meeting in Muscat called ...

Bahrain held by New Zealand in WCup play-off

AFP Global Edition 44 days ago

New Zealand held an unrelenting but distinctly unlucky Bahrain to a goalless draw in the first-leg of the 2010 World Cup Asia/Oceania play-off in Manama on Saturday. Bahrain missed at least four clear chances of scoring while the Kiwis defended stoutly and ...

Bahrain seek first blood against New Zealand

AFP Global Edition 44 days ago

Bahrain will be counting on massive support from home fans and familiar conditions to draw first blood when they clash with New Zealand here on Saturday in the first leg of the final play-off for a place in the 2010 World Cup. ...

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